Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Total Basic Dominator 400 2,300 2,900 Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 1,600 6,400 6,600 $10,500 3,900 S14,400 102,700 235,752 $352,852 1,200 4,100 3,700 67,300 35,400 Total costs 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.) ined overhead rate : % of direct labor cost