Transcribed image text: Wheeler's Bike Company manufactures custom racing bicycles. The company uses a job order cost system to determine the cost of each bike. Estimated costs and expenses for the coming year follow: Bike parts $ 356,800 Factory machinery 56,500 depreciation Factory supervisor salaries 134,500 Factory direct labor 207,662 Factory supplies 36,900 Factory property tax 28,750 Advertising cost 21,000 Administrative salaries 50,000 Administrative-related 17,700 depreciation Total expected costs $909,812 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 19,200 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Required Required 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 Required 1 2 Determine the amount of applied overhead if 19,200 actual hours are worked in the upcoming year. (Round your intermediate calculations to 2 decimals. Round your final answer to the nearest whole dollar.) Show less Applied Overhead