Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow:

value: 10.00 points 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 DominatorTotal 400 Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 1,550 5,200 3,900 $11,300 4,200 15,500 87,300 138,879 $241,679 1,150 4,000 2,100 1,200 1,800 56,200 31,100 Total costs 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.) mined overhead rate % of direct labor cost