HARRIS FABRICS COMPUTES ITS PLANTWIDE PREDETERMINED OVERHEAD RATE ANNUALLY BASED ON DIRECT LABOR-HOURS. AT the beginning of the year, it estimated 20,000 direct labor-hours would be required for the period's estimated level of production. The compn ay also estimated $94,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor-hour. Harris's actual manufacturing overhead cost for the year was $123,900 and its actual total direct labor was 21,000 hours. Compute the company's plantwide poredetermined overhead rate.