Henkes Corporation bases its predetemined Oudhead rate on the estimated Labog-hours For the upcoming year. At the beginning of this most recently completed year, the company estimated the Labor-hours fort the upcoming year at soow Labor-hours. The estimated variable manufacturing overhead was $10.15 Per laboo-hour and the estimated to ta 1 fixed manufacturing overhead was $8,800w. The actual Labor-hours for the year turned out to be 53,6w Labor-hours. Required: Compute the company's Predereenincell overhead rate for the recently completed Year. (Round Yong Answer to 2 decimal Places.)