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 Total expected costa $348,800 55,000 142,500 219,144 39, 400 28,750 22,500 46,500 25,700 4928,294 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.91 per hour 2. Determine the amount of applied overhead it 18.700 actual hours are worked in the upcoming year Complete this question by entering your answers in the tabs below. Required 1 Required 2 calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.91 per 1 of 4 !!! Next > o Total expected costs 6928, 294 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.91 per hour. 2. Determine the amount of applied overhead if 18,700 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.91 per hour. (Round your answer to 2 decimal places.) Predetermined Overhead Rato per DL Hour Recuire 2 > Total expected costs $928, 294 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.91 per hour 2. Determine the amount of applied overhead if 18.700 actual hours are worked in the upcoming year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the amount of applied overhead if 18,700 actual hours are worked in the upcoming yean (Round your intermediate calculations to 2 decimals. Round your final answer to the nearest whole dollar) Aplied Overhead