Harris and fabrics compute its plantwide predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that 35,000 direct labor hours would be required for the periods estimated level of production. The company also estimated $567,000 of fixed, manufacturing overhead cost for the coming period and variable manufacturing overhead of $3 per direct labor hour. Harris actual manufacturing overhead cost for the year was $738,400 and its actual total direct labor was 35,500 hours.

Computer the companys plantwide predetermined overhead rate for the year.