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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 800 350 1,150
Machine-hours 4,800 2,200 7,000
Direct labor-hours 3,000 1,800 4,800
Direct materials costs $ 8,300 $ 3,900 $ 12,200
Direct labor costs 64,200 38,100 102,300
Manufacturing overhead costs 206,150
Total costs $ 320,650

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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