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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
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 $349,800 57,000 142,500 237,031 40,900 27,250 26,500 54,500 22,200 $957,681 Total expected costs Required . Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $12.41 per hour. (Round your answer to 2 decimal places.) Overhead Rate per DL Hour 2. Determine the amount of applied overhead if 19,400 actual hours are worked in the upcoming year. (Round your intermediate calculations to 2 decimals. Round your final answer to the nearest whole dollar.) ied Overhead
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