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 i Factory supplies Factory property tax Advertising cost Administrative salaries: Administrative-related depreciation Total expected costs Required: $355,800 56,500 136,500 205,143 44,400 31,750 18,500 53,500 21,200 $923,293 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.21 per hour. 2. Determine the amount of applied overhead if 18,100 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below.