Required information Exercise 4-2 (Algo) Compute Activity Rates [LO4-2] [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: Labor-related Estimated Overhead Cost Activity Cost Pool $ 28,000 Machine-related $ 2,500 Machine setups $ 34,300 Production orders $ 13,800 Product testing $ 12,000 Packaging $ 57,000 $60,000 General factory Expected Activity 5,000 direct labor-hours 5,000 machine-hours 700 setups 300 orders 600 tests 3,800 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