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	$	24,400		4,000	direct labor-hours
Machine-related	$	5,000		5,000	machine-hours
Machine setups	$	13,200		400	setups
Production orders	$	24,500		500	orders
Product testing	$	34,100		1,100	tests
Packaging	$	46,800		3,900	packages
General factory	$	49,600		4,000	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.)