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 1,000 3,800 2,400 $ 8,100 73,300 Dominator 400 2,800 1,700 $ 3,300 33,600 Total 1,400 6,600 4,100 $ 11,400 106,900 139,072 $257,372 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