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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

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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 43,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $529,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $3.00 per direct labor-hour Harris's actual manufacturing overhead cost for the year was 5737426 and its actual total direct labor was 43,500 hours. Required: Compute the company's plantwide predetermined overhead rate for the year (Round your answer to 2 decimal places.) Prodete mind overhead alo per DLH

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