Franklin Company has the following estimated costs for 2019: Direct materials $25,000 Advertising expense $15,000 Rent on factory building $13,000 Rent on office building $8,000 Direct labor $22,000 Depreciation on factory equipment $6,000 Indirect materials $10,000 Sales salaries $28,000 Insurance on factory equipment $12,000 Indirect labor $5,000 Property taxes on factory building $10,000 Property taxes on office building $10,000 Franklin estimates that 32,000 direct labor hours and 20,000 machine hours will be worked during 2019. If overhead is applied on the basis of direct labor hours, the overhead application rate per hour will be: $1.40 $2.10 $2.80 $1.75 $2.35