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Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $570,000 Direct labor hours

Calculating the Predetermined Overhead Rate, Applying Overhead to Production

At the beginning of the year, Debion Company estimated the following:

Overhead $570,000
Direct labor hours 64,250

Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 14,778.

Required:

1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. $fill in the blank 1 per direct labor hour

2. Calculate the overhead applied to production in March. If required, round your answer to nearest whole value. $fill in the blank 2

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