Required information [The following information applies to the questions displayed below.) Hickory Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $829,500 of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Part 1 of 15 Estimated Activity Cost Activity Overhead Expected Activity points Cost $246,000 12,000 MHs $137,500 $89,000 $357,000 14,400 DLHs Pool Machining Machine setups Product design General factory Measure Machine- hours Number of setups Number of products Direct labor-hours eBook 250 setups 2 products Print References Activity ProductProduct Measure Machine-hours 7,500 4,500 Number of setups Number of products Direct labor- 8,500 5,900 hours 40 210 Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) antwide overhead rate per DLH