Felton Quality Productions uses a predetermined overhead allocation rate based on machine hours. It has provided the following information for the year:

Actual manufacturing overhead costs incurred

$100,000

Manufacturing overhead costs allocated to production

$56,000

Actual direct materials cost

$220,000

Actual direct labor cost

$40,000

Actual machine hours

32,000 hours

Based on the above information, calculate the predetermined overhead allocation rate applied by Felton Quality. (Round your answer to the nearest cent.)