Franklin, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows. Equipment depreciation $191,000 19,300 Supplies Materials handling 33,300 Property taxes 14,800 Production setup 19,300 Rent 44,700 Maintenance 39,600 Supervisory salaries 293,000 The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year 3 were 202,000 and for machines were 131,000. Required a. Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) b. Determine the amount of manufacturing overhead applied to Work in Process Inventory during the Year 3 period if actual machine hours were 146,000. (Do not round intermediate calculations.) a. Predetermined overhead rate b. Applied manufacturing overhead per machine hour