Required information Exercise 4-2 (Algo) Compute Activity Rates (L04-2] (The following information applies to the questions displayed below. Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 26,800 $ 4,500 $ 41,800 $ 17,000 $ 15,500 $ 51,000 $ 52,400 Expected Activity 5,000 direct labor-hours 9,000 machine-hours 1,100 setups 500 orders 500 tests 3,400 packages 5,000 direct labor-hours Exercise 4-2 Part 2 (Algo) 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH