Exercise $2-1($Algo$)$ Compute a Predetermined Overhead Rate LO$2-113\mathrm{.}33$DOnSPrintHarris Fabrics computes its plantwide predetermined overhead rate annually based on direct labor$-$hours. At the beginning of the year, it estimated $26,000$ direct labor$-$hours would be required for the period's estimated level of production. The company also estimated $$572,000$ of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $$4\mathrm{.}00$ per direct labor$-$hour. Harris's actual manufacturing overhead cost for the year was $$731,400$ and its actual total direct labor was $26,500$ hours.Required:Compute the company's plantwide predetermined overhead rate.Note: Round your answer to $2$ decimal places.Predetermined overhead rateper DLH