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: Required: Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $12.71 per hour. (Round your answer to 2 decimal places.) Predetermined Overhead Rate ______ per DL Hour Determine the amount of applied overhead if 17,500 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 __________