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 $ 31,200 Expected Activity 5,000 direct labor-hours 5,000 machine-hours 1,200 setups 500 orders $ 1,250 $ 36,000 $ 18,000 $ 22,000 $ 42,900 $ 56,000 5,000 direct labor-hours 1,100 tests 3,900 packages 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.) Answer is complete but not entirely correct. Predetermined overhead rate $ 69.12 per DLH