Walton, Inc. estimates manufacturing overhead costs for the Year 3 accounting period as follows.

Equipment depreciation	$	191,000
Supplies		19,300
Materials handling		32,800
Property taxes		15,000
Production setup		19,100
Rent		45,000
Maintenance		39,400
Supervisory salaries		236,400

The company uses a predetermined overhead rate based on machine hours. Estimated hours for labor in Year 3 were 218,000 and for machines were 130,000. 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 Year 3 period if actual machine hours were 145,000. (Do not round intermediate calculations.)