Verizox Company uses a job order cost system with manufacturing overhead applied to products based on direct labor hours. At the beginning of the most recent year, the company estimated its manufacturing overhead cost at $190,080. Estimated direct labor cost was $447,360 for 19,200 hours. Actual costs for the most recent month are summarized here: Item Description Direct labor (1,920 hours) Indirect costs Indirect labor Indirect materials Factory rent Factory supervision Total Cost $44,737 2,520 3,330 3,340 4,710 Factory depreciation 5.660 Factory janitorial work 1,150 Factory insurance 1,700 General and administrative salaries 4,160 Selling expenses 5,340 Required: 1. Calculate the predetermined overhead rate. 2. Calculate the amount of applied manufacturing overhead