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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

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 950 300 1,250
Machine-hours 3,100 3,000 6,100
Direct labor-hours 2,900 2,800 5,700
Direct materials costs $ 11,400 $ 3,800 $ 15,200
Direct labor costs 73,100 39,200 112,300
Manufacturing overhead costs 199,956
Total costs $ 327,456

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.)

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