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 company 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. Required: Compute the company's plantwide predetermined overhead rate. Note: Round your answer to 2 decimal places. Predetermined overhead rate per DLH

Harris Fabrics computes its plantwide predetermined overhead rate annually based on direct laborchours, At the beginning of the year. it estimated 20.000 direct labor hours would be required for the perlod's estumated level of production. The company also estimated $94.000 of fixed manufacturing overhead cost for the coming period and varlable manufacturing overnead of $200 per direct laborhour. Harris's actual manufacturing overhead cost for the year was $123.900 and its actual total direct labor was 21.000 hours. Requitred: Compute the company's plantwide predetermined overhead rate. Note: Round your answer to 2 decimal places