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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

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
Units produced 950 300 1,250
Machine-hours 4,300 2,100 6,400
Direct labor-hours 2,500 1,800 4,300
Direct materials costs $ 10,800 $ 3,650 $ 14,450
Direct labor costs 57,700 37,500 95,200
Manufacturing overhead costs 147,060
Total costs $ 256,710

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.)

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