Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: 1.42 Basic Dominator Total Units produced...

On Chapter 6 Problem 3 in Cost, the formula should be Estimated Overhead/Estimated Allocation Base. When I put in 210,490 / 88,700 = 2.37. This is the wrong answer. I need ideas on the correct way to work the problem, please. Thank you and thank you for your time.

Extracted text: Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: 1.42 Basic Dominator Total Units produced Machine-hours 1,300 6,300 6,200 $ 14,000 950 350 polnts 4,300 3,800 $10,600 2,000 2,400 $ 3,400 31,900 Direct labor-hours Skipped Direct materials costs Direct labor costs 56,800 88,700 210,490 Manufacturing overhead costs еВook Total costs $313,190 Print Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs. (Round your answer to 2 decimal places.) References Predetermined overhead rate % of direct labor cost 3.