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 costs $344,800 62,000 136,500 240,020 37.900 33.250 19,000 46.500 10,200 $938,978 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $12.81 per hour 2. Determine the amount of applied overhead 18,200 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 laborate is 12.8 per hour (Round your answer to 2 decimal place.) Predetermined Overhead Rate Required 2 > 2. Determine the amount of applied overhead if 18,200 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 18,200 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