2 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: 1 points Skipped 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 $349,800 54,000 142,500 192,675 38,400 30,250 20,000 55,500 22,700 $905,825 eBook Hint References Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.01 per hour. 2. Determine the amount of applied overhead if 19,100 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.01 per hour. (Round your answer to 2 decimal places.) Predetermined Overhead Rate per DL Hour 2 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: 1 points Skipped 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 $349,800 54,000 142,500 192,675 38,400 30, 250 20,000 55,500 22,700 $905,825 eBook Hint References Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.01 per hour. 2. Determine the amount of applied overhead if 19,100 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Required i Required 2 Determine the amount of applied overhead if 19,100 actual hours are worked in the upcoming year. (Round your intermediate calculations to 2 decimals. Round your final answer to the nearest whole dollar.) Applied Overhead