Lambert & Company is an architectural firm specializing in home remodeling for private clients and new office buildings for corporate clients. Lambert charges customers at a billing rate equal to 140% of the client's total job cost. A client's total job cost is a combination of (1) professional time spent on the client ($69 per hour cost of employing each professional) and (2) operating overhead allocated to the client's job. Lambert allocates operating overhead to jobs based on professional hours spent on the job. Lambert estimates its five professionals will incur a total of 10,000 professional hours working on client jobs during the year. Alyse Lotta hired Lambert to design her kitchen remodeling. A total of 20 professional hours were incurred on this job. In addition, Lotta's remodeling job required one of the professionals to travel back and forth to her house for a total of 155 miles. The blueprints had to be copied four times because Lotta changed the plans several times. In addition, 19 hours of secretarial time were used lining up the subcontractors for the job. Read the requirements Click the icon to view the operating cost information.) Requirement 1. Calculate the current indirect cost allocation rate per professional hour. (Round your answer to the nearest cent.) The current indirect cost allocation rate per professional hour is S