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 $181.240 Estimated direct labor cost was $490,530 for 19,700 hours Actual costs for the most recent month are summarized here Total Cost 49.054 hem Description Direct labor (1,970 hours) Indirect oosts Indirect labor Indirect materials Factory rent Factory supervision Factory depreciation Factory janitorial work Factory insurance General and administrative salaries Seling expenses 2.500 3.360 3.350 4,810 5,710 1,300 1,820 4270 ,400 Required 1. Calculate the predetermined overhead rate (Round your answer to 2 decimal places Per DL Hour 2. Caloulate the amount of applied manufacturing overhead