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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 900 450 1,350
Machine-hours 3,400 1,200 4,600
Direct labor-hours 2,900 1,200 4,100
Direct materials costs $ 10,400 $ 3,550 $ 13,950
Direct labor costs 57,700 30,700 88,400
Manufacturing overhead costs 145,140
Total costs $ 247,490

Required:

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

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