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 Basic 800 Dominator 400 Total 1,200 Machine-hours Direct labor-hours Direct labor costs 3,700 1,700 5,400 2,600 1,700 4,300 Direct materials costs $ 9,800 56,100 $ 3,300 38,600 $ 13,100 94,700 Manufacturing overhead costs Total costs 146,888 $254,688 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 321.43 % of direct labor cost