Wildhorse Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead

and labor for the year is as follows:

Actual manufacturing overhead $,$$$183,000$

Estimated manufacturing overhead $$177,000$

Direct labor hours incurred $,4,800$

Direct labor hours estimated $,5,000$

Compute the predetermined overhead rate. $($Round answer to $2$ decimal places, e$.$g$.15\mathrm{.}25.)$

Predetermined overhead rate $$,$ per direct labor hour