Hykes Corporation's manufacturing overhead includes $5.10 per machine-hour for supplies; $5.10 per machine-hour for indirect labor; $62,800 per period for salaries; and $59,560 per period for depreciation.Required:
Determine the predetermined overhead rate if the denominator level of activity is 3,800 machine-hours. (Round your answer to 2 decimal places.)

Estimated total manufacturing overhead cost = [(${{[a(1)]:#,##0.00}} per machine-hour + ${{[a(2)]:#,##0.00}} per machine-hour) × {{[a(5)]:#,###}} machine-hours] + (${{[a(3)]:#,###}} + ${{[a(4)]:#,###}}) = ${{[a(6)]:#,###}} + ${{[a(7)]:#,###}} = ${{[a(8)]:#,###}}
Predetermined overhead rate = Estimated total manufacturing overhead cost/Estimated total amount of the allocation base = ${{[a(8)]:#,###}} ÷ {{[a(5)]:#,###}} machine-hours = ${{[a(9)]:#,##0.00}} per machine-hour