X Company has the following estimated costs for 2020:

Direct materials		$56,700
Direct labor		22,400
Factory supplies		19,000
Factory supervision		29,800
Marketing research		43,300
Factory rent		40,300
Sales salaries		46,000
Factory insurance		68,600

X Company estimates that direct labor hours for the year will be 1,400, and machines will be operated for 63,000 hours. If overhead is allocated on the basis of direct labor cost, what will the 2020 overhead rate be?