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ok ences Wheeler's Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determi each bike. Estimated costs and
ok ences Wheeler's Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determi each bike. Estimated costs and expenses for the coming year follow: Bike parts Factory machinery depreciation Factory supervisor salaries Factory direct labor Factory supplies Factory property tax- Advertising cost Administrative salaries Administrative-related depreciation: Total expected costs $354,800 57,000 137,000 207 662 42,900 30,250 26,500 49,500 18,700 $924,312 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.41 per hour. 2. Determine the amount of applied overhead if 19,100 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.41 per hour. (Round your answer to 2 decimal places.) Predetermined, Overhead Rate per DL Hour Required 1 Required 2 >
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