Turtle Company produces t-shirts that go through two operations, cutting and sewing, before they are complete. Expected costs and activities for the two departments are shown below. Given this information, how much is the departmental overhead rate for the cutting department based on direct labor hours? (Round your answer to two decimal places as is common with money. $xx.xx) Please enter your answer without using any dollar signs or commas. Cutting Sewing Direct labor hours 229,945 DLH 75,000 DLH Machine hours 120,910 MH 150,000 MH Overhead costs 492,887 $ 375,000