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 Estimated Overhead Cost Expected Activity Labor-related $ 20,400 10,000 direct labor-hours Machine-related $ 2,000 8,000 machine-hours Machine setups $ 20,400 600 setups Production orders $ 18,400 400 orders Product testing $ 29,600 800 tests Packaging $ 79,200 3,600 packages General factory $ 58,000 10,000 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.)