Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow Basic Dominator Total 800 4,800 3,900 450 2,700 3,000 Units produced Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 1,250 7,500 6,900 S 8,400 3,450 11,850 107,700 70,700 37,000 Total costs 357,186 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.) overhead rate % of direct labor cost