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		1,200			300			1,500
Machine-hours		4,500			2,900			7,400
Direct labor-hours		2,600			1,100			3,700
Direct materials costs	$	10,600		$	4,150		$	14,750
Direct labor costs		60,600			34,300			94,900
Manufacturing overhead costs								131,461
Total costs							$	241,111

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)