Fact Pattern:

Fringe Pools

Holiday $$712,111$

PTO $$1,128,433$

Health Insurance $$680,715$

$401($k$)$ $$201,211$

FICA $$590,111$

Total Fringes $ $3,312,581$

Cost Elements:

Total Labor $($Including OH and G&A Labor$)$ $$13,286,174$

Direct Labor $$9,657,013$

Fringe

Direct Materials $$15,890,466$

ODC $$6,630,121$

From the fact pattern above, what is the Fringe Rate?

Group of answer choices

$26\mathrm{.}1\%$

$24\mathrm{.}9\%$

$34\mathrm{.}3\%$

$44\mathrm{.}7\%$