Felton Quality Productions uses a predetermined overhead allocation rate based on machine hours. It has provided the following information for the year 2014: 
Based on the above information, calculate the manufacturing overhead rate applied by Felton.
Definitions:
Direct Tax
A tax levied directly on an individual or an organization's income or wealth, such as income tax or property tax.
Local Property Taxes
Taxes imposed by local governments based on the assessed value of property, primarily real estate, used to fund local services such as schools, roads, and police.
Industrial Countries
Nations with developed economies characterized by significant industrial activity and high income per capita.
Public Goods
Goods that are non-excludable and non-rivalrous in consumption, meaning they are available for everyone to consume, without diminishing the availability for others.
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