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 $\mathrm{}70,000$ direct labor$-$hours would be required for the period$$s estimated level of production. The company also estimated $$\mathrm{}604,000$ of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $$\mathrm{}5.00$ per direct labor$-$hour. Harris$$s actual manufacturing overhead cost for the year was $$\mathrm{}833,050$ and its actual total direct labor was $40,500$ hours. 

 

Required:

Compute the company$$s plantwide predetermined overhead rate for the year.

Note: Round your answer to $2$ decimal places.