Harris Fabrics computes its plantwide predetermined overhead rate (POHR) annually on the basis of direct labor-hours.

At the beginning of the year, it estimated that 40,000 direct labor-hours would be required for the periods estimated level of production.

The company also estimated $513,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor-hour.

Harriss actual manufacturing overhead cost for the year was $667,237 and its actual total direct labor was 40,500 hours.

Required:

Compute the companys plantwide predetermined overhead rate (POHR) for the year. (Round your answer to 2 decimal places.)