Hi, I was wondering if i can be assisted with the following answer. Thank you!

Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow:

BasicDominatorTotalUnits produced9503001,250Machine-hours3,5001,6005,100Direct labor-hours2,5001,4003,900Direct materials costs$8,400$3,350$11,750Direct labor costs62,60030,70093,300Manufacturing overhead costs132,210Total costs$237,260

Required:

Compute the predetermined overhead rate assuming that Tiger Furnishings usesdirect labor coststo allocate overhead costs.(Round your answer to 2 decimal places.)

Pre-determined overhead rate = ? % of direct labor cost