X Company has the following estimated costs for 2020:

Direct materials		$59,500
Direct labor		19,200
Factory supplies		20,400
Factory maintenance		30,000
Advertising		41,800
Factory rent		40,700
Sales salaries		42,000
Factory insurance		59,300

X Company estimates that direct labor hours for the year will be 1,200, and machines will be operated for 67,000 hours. If overhead is allocated on the basis of direct labor cost, what will the 2020 overhead rate be?