Luthan Company uses a plantwide predetermined overhead rate of $23.40 per direct labor-hour. This predetermined rate is based on a cost formula that estimated $257,400 of total manufacturing overhead cost for an estimated activity level of 11,000 direct labor-hours. The company incurred actual total manufacturing overhead cost of $249,000 and 10,800 total direct labor-hours. Required: Calculate the manufacturing overhead cost applied to all jobs. Harris Fabrics computes its plantwide predetermined overhead rate annually based on direct labor-hours. At the beginning of the year, it estimated 20,000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $94.000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct laborhour. Harris's actual manufacturing overhead cost for the year was $123,900 and its actual total direct labor was 21,000 hours. Required: Compute the company's plantwide predetermined overhead rate. Note: Round your answer to 2 decimal places