Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 950 3,100 2,200 $18, 100 65,800 Dominator 350 2,700 2,400 $ 3,700 36,600 Total 1,300 5,800 4,608 5 13,880 102,400 158, 102 $274,302 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs. (Round your answer to 2 decimal places.)