1&2 plz

Wheeler's Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of each bike. Estimated costs and expenses for the coming year follow. Bike parts Factory machinery depreciation Factory supervisor salaries Factory direct labor Factory supplies Factory property tax Advertising cost Administrative salaries Administrative-related depreciation Total expected costs $338,800 62,000 139,500 209,689 44,400 28, 250 22,500 54,000 27,700 5926,759 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.71 per hour. 2. Determine the amount of applied overhead if 17,600 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Required 1 Required 2