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Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activitybased costing system has the following seven activity cost pools:
tableActivity Cost Pool,tableEstimatedOverhead CostExpected ActivityLaborrelated,$ direct laborhoursMachinerelated,$ machinehoursMachine setups,$ setupsProduction orders,$ ordersProduct testing,$ testsPackaging$ packagesGeneral factory,$ direct laborhours
Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct laborhours. Round your answer to decimal places.
Predetermined overhead rate
per DLH
