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 1,150 350 1,500 Machine-hours 3,100 1,200 4,300 Direct labor-hours 2,600 1,900 4,500 Direct materials costs: $11,700 $3,550 $ 15,250 Direct labor costs 65,500 35,000 100,500 Book Manufacturing overhead costs 154,305 Total costs $270,055 Print ferences 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.) Predetermined overhead rate % of direct labor cost k