Exercise 6-41 (Static) Predetermined Overhead Rates (LO 6-4) Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basie 1,000 4,500 3,000 $10,000 64,500 Dominator 250 2,500 2,000 $ 3,750 35,500 Total 1,250 7.000 5,000 $ 13,750 100,000 175,000 $288,750 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses machine-hours to allocate overhead costs. Predetermined overhead rate per machine-hour