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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: Units

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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: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,150 4,700 3,400 $11,900 72,300 Dominator 500 2,500 1,900 $ 4,150 32,000 Total 1,650 7,200 5,300 $ 16,050 104,300 210,600 $330,950 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses machine-hours to allocate overhead costs. (Round your answer to 2 decimal places.) Predetermined overhead rate per machine-hour

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