A furniture manufacturer has a standard costing system based on machine hours (MHs) as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator Level of Activity 3,300 MHs Overhead Costs at the Denominator Activity Level: Variable Overhead Cost $31,845 Fixed Overhead Cost $40,425 The following data pertain to operations for the most recent period: Actual Hours 3.400 MHs Standard Hours Allowed for the Actual Output 3.078 MHs Actual Total Variable Overhead Cost $32,980 Actual Total Fixed Overhead Cost $38,975 Required: Calculate the total predetermined overhead rate, rounded to the nearest cent. Calculate how much overhead was applied to products during the period, rounded to the nearest dollar