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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 850 300 1,150
Machine-hours 4,000 2,300 6,300
Direct labor-hours 3,800 1,900 5,700
Direct materials costs $ 8,600 $ 4,000 $ 12,600
Direct labor costs 64,400 37,000 101,400
Manufacturing overhead costs 183,330
Total costs $ 297,330

Required:

Compute the predetermined overhead rate assuming that Tiger Furnishings uses machine-hours to allocate overhead costs. (Round your answer to 2 decimal places.)

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