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 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 $200 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 for the year (Round your answer to 2 decimal places.)