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 Administrtive-related depreciation Total expected costs $355,800 59,000 143,500 222,678 36,900 29,750 22,000 51,000 24,700 945,328 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $12.51 per hour Round your answer to 2 decimal places.) redetermined Overhead Rate per DL Hour 2. Determine the amount of applied overhead if 18.100 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