Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product line, the controller, Robert Hermann, has develop the following information Car Truc Estimated wheels produced Direct labor hours per wheel 38,370 12,000 Total estimated overhead costs for the two product lines are $799,480. Calculate overhead rate. (Round answer to 2 decimal places, e.g. $12.25.) Overhead rate per direct labor hour Compute the overhead cost assigned to the car wheels and truck wheels, assuming that direct labor hours is used to allocate overhead costs. Car wheels $ Truck wheels