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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 1,100 400 1,500
Machine-hours 4,400 2,800 7,200
Direct labor-hours 2,100 1,200 3,300
Direct materials costs $ 11,800 $ 3,650 $ 15,450
Direct labor costs 59,900 33,400 93,300
Manufacturing overhead costs 115,500
Total costs $ 224,250

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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