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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 Total

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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 Total Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 1,000 4,000 3,400 $ 9,600 65,200 Basic Dominator 350 2,800 2,600 1,350 6,800 6,000 3,700 $ 13,300 96,300 203,660 $313,260 31,100 Total costs Required Compute the predetermined overhead rate assuming that Tiger Furnishings uses machine-hours to allocate overhead costs. (Round your answer to 2 decimal places.) Predetermined overhead rate per machine-hour

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