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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 PoolEstimated

Overhead CostExpected

ActivityLabor-related$23,2008,000direct labor-hoursMachine-related$5,00010,000machine-hoursMachine setups$36,0001,200setupsProduction orders$27,000600ordersProduct testing$23,400900testsPackaging$37,0003,700packagesGeneral factory$54,8008,000direct labor-hours

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.)