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Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that

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Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor hours. At the beginning of the year, it estimated that 25.000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $572,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $200 per direct labor-hour Harris's actual manufacturing overhead cost for the year was $677790 and its actual total direct labor was 25,500 hours Required: Compute the company's plantwide predetermined overhead rate for the year (Round your answer to 2 decimal places.) Predatormined overhead rate per DLH

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