Calculating the Predetermined Overhead Rate, Applying Overhead to Production At the beginning of the year, Debion Company estimated the following: Overhead $607,200 Direct labor hours 70,000 Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 13,300, Required: 1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent. per direct labor hour 2. Calculate the overhead applied to production in March. Round your intermediate calculations to two decimal places and round your answer to nearest whole value. Job-Order Costing Variables On July 1, Job 46 had a beginning balance of $710. During July, prime costs added to the job totaled $640. Of that amount, direct materials were three times as much as direct labor. The ending balance of the job was $1,500. Required: 1. What was overhead applied to the job during July? 2. What was direct materials for Job 46 for July? Direct labor? If rounding is required, round your answers to the nearest cent. Direct labor Direct materials 3. Assuming that overhead is applied on the basis of direct labor cost, what is the overhead rate for the company? Round your answer to the nearest whole percent. %