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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 950 400 1,350
Machine-hours 3,000 2,100 5,100
Direct labor-hours 3,900 2,600 6,500
Direct materials costs $ 11,000 $ 3,400 $ 14,400
Direct labor costs 71,300 36,400 107,700
Manufacturing overhead costs 220,350
Total costs $ 342,450

Required:

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

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