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 1,150 3,600 2,100 $11,400 67,900 Dominator 400 2,200 2,900 $ 3,500 37,600 Total 1,550 5,800 5,000 $ 14,900 105,500 169,550 $289,950 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