Hatris Fabrics computes its plantwide predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 25,000 direct lobor-hours would be required for the period's estimated level of production. The company atso estimated $579,000 of fixod manufacturing overhead cost for the coming pericd and variable manufacturing overhead of $4.00 por direct labor: hour. Harris's actual manufocturing overhead cost for the yeor was $734,655 and its actual total direct tabor was 25.500 hours. Required: Compute the company's plantwide predetermined overhead rate. Note: Round your answer to 2 decimal places