Solomon, Inc. estimates manufacturing overhead costs for the upcoming accounting period as follows: Equipment depreciation 191,900 Supplies Materials handling Property taxes Production setup Rent Maintenance Supervisory salaries 20,100 33,400 13,100 20,000 43,100 39,100 356,100 The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor were 213,000 and for machines were 128,000 Required 1. Calculate the predetermined overhead rate. (Round your answer to 2 decimal places.) 2. Determine the amount of manufacturing overhead applied to Work in Process Inventory during the 2019 period if actual machine hours were 143,000 YOU MUST SHOW WORK TO EARN CREDIT