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Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools Estimated Activity Cost Pool

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Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools Estimated Activity Cost Pool Labor-related Overhead Cost Expected Activity 5,000 direct labor-hours 5,000 machine-hours 700 setups 300 orders $28,000 $ 2,500 $34,300 $13,800 $12,000 57,000 $60,000 Machine-related Machine setups Production orders Product testing Packaging General factory 600 tests 3,800 packages 5,000 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.) Predetermined overhead per DLH rate

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