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 3,300 3,900 $10,300 62,900 Dominator 400 2,580 1,100 $ 3,450 36,600 Total 1,400 6,300 5,000 $ 13,50 99.500 172,850 $286, 100 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 on the rate % of direct labor cost