Peterson Company estimates that overhead costs for the next year will be $3,500,000 for indirect labor and $940,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 100,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.) The following data relates to Spurrier Company's estimated amounts for next year. Estimated: Manufacturing overhead costs Direct labor hours Machine hours Department 1 $1,280, eee 549, 000 DLH 99,000 MH Department 2 $3,488,888 799,000 DLH 33,000 MH 8 0149:56 What is the company's plantwide overhead rate if direct labor hours are the allocation base? (Round your answer to places.)