Wasatch Company anticipates that they will incur the following costs and expenses during the coming year. Direct material: Direct labor (@$11/hr.) Indirect material: Indirect labor Factory depreciation Selling expenses Non-factory office expenses Other manufacturing overhead: $125,000 $49,500 $6,000 $7,500 $13,500 $8.500 $8,000 $9,000 If manufacturing overhead is assigned on the basis of direct labor hours, what is the predetermined manufacturing overhead rate for the coming year?