The following data relates to Mangini Company's budgeted amounts for next year. Budgeted: Manufacturing overhead costs Department 1 $ 720,000 Department 2 $ 800,000 Direct labor hours Machine hours 85,000 DLH 3,900 MH 95,000 DLH 4,500 MH What is the company's plantwide overhead rate if machine hours are the allocation base? (Round your answer to two decimal places.)