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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 1,150 450 1,600
Machine-hours 3,700 1,700 5,400
Direct labor-hours 2,700 2,100 4,800
Direct materials costs $ 8,200 $ 3,400 $ 11,600
Direct labor costs 66,400 40,000 106,400
Manufacturing overhead costs 168,000
Total costs $ 286,000

Required:

Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor-hours to allocate overhead costs. (Round your answer to 2 decimal places.)

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