Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 850 4,800 2,700 $ 9,300 69,600 Dominator 250 2,60e 1,600 $ 3,400 40, 40e Total 1,100 6,800 4,300 $ 12,700 11e, eee 148,522 $271, 222 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.) Predotormined overhead rato % of direct labor cost