The following data relates to Coachman Company's budgeted amounts for next year. Budgeted Data: Overhead costs Direct labor hours Machine hours Department 1 $ 620,000 76,000 DLH 2,600 MH Department 2 $ 912,000 96,000 DLH 3,600 MH What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.)