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 $582,000 of fixed manufacturing overhead cost for the coming period and vatiabie manufacturing overhead of $3.00 per direct labor hour. Harris's actual manufacturing overhead cost for the year was $770.940 and its actual total direct labor was 25,500 hours. Aequired: Compute the company's plantwide predetermined overhead rate for the yeas. (Aound your answer to 2 decimal places.) Required