Predetermined Factory Overhead Rate Novus Engine Shop uses a job order cost system to determine the cost of performing engine repair work. Estimated costs and expenses for the coming period are as follows: Engine parts $1,348,100 Shop direct labor 984,000 Shop and repair equipment depreciation 44,700 Shop supervisor salaries 124,400 Shop property taxes 22,600 Shop supplies 17,400 Advertising expense 27,000 Administrative office salaries 115,900 Administrative office depreciation expense 14,800 Total costs and expenses $2,698,900 The average shop direct labor rate is 524 per hour. Determine the predetermined shop overhead rate per direct labor hour. Round your answer to the nearest cent. per direct labor hour