Tent Master produces Pup tents and Pop-up tents. The company budgets $282,000 of overhead cost and 47,000 direct labor hours. Additional information follows. Per Unit Selling Price Direct Materials Direct Labor Pup tent $ 79 $ 20 $ 46 Pop-up tent 74 25 33 Required: Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 47,000 direct labor hours