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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 Factory machinery depreciation Factory supervisor salaries Factory direct labor Factory supplies Factory property tax Advertising cost Administrative salaries Administrative-related depreciation Total expected costs $341,800 56,000 137,500 241,417 42,900 34.250 23,500 55,500 21,200 $954,067 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $12.91 per hour. (Round your answer to 2 decimal places.) Predetermined Overhead Rate per DL Hour 2. Determine the amount of applied overhead if 19,000 actual hours are worked in the upcoming year. (Round your intermediate calculations to 2 decimals. Round your final answer to the nearest whole dollar.) Applied Overhead