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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 950 400 1,350
Machine-hours 4,500 1,400 5,900
Direct labor-hours 2,100 1,600 3,700
Direct materials costs $ 10,400 $ 4,200 $ 14,600
Direct labor costs 67,600 35,500 103,100
Manufacturing overhead costs 165,790
Total costs $ 283,490

Required:

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

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