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Henkes Corporation bases its predetemined Ouchead rate on the estimated Labog-hours For the upcoming year. At the beginning of this most recently completed years, 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 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 predeteenined overhead rate for the recently completed Year. (Round your answer to 2 decimal Places.)