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 $ 18,400 $ 5,000 $ 46,800 $ 23,000 $ 27,200 $ 39,600 $ 51,600 Predetermined overhead rate Expected Activity 2,000 direct labor-hours 10,000 machine-hours 1,200 setups 500 orders 800 tests 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.) per DLH 3,600 packages 2,000 direct labor-hours

Rustafson Corporation is d diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined verhead rate based on direct labor-hours. (Round your answer to 2 decimal ploces.)