Oriole Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year follows:

Actual manufacturing overhead $,$$$88,000$

Estimated manufacturing overhead $,$$$82,500$

Direct labor hours incurred $4,800$

Direct labor hours estimated $5,000$

$($a$)$

Compute the predetermined overhead rate. $($Round answer to $2$ decimal places, eg$.15\mathrm{.}25.)$

Predetermined overhead rate $$,$ per direct labor hour