Required information 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 1.100 500 orders 500 tests 3,400 packages 5,000 direct 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.) Predetermined overhead rate