Wheeler's Bike Compay manufactures custom ra ng bic cles The company uses a job order cost s stem 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 347,800 59,000 140,500 204,424 43.400 32,750 24,500 53,000 24,200 $929,574 Total expected costs Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.11 per hour. (Round your answer to 2 decimal places.) Overhead Rate per DL Hour 2. Determine the amount of applied overhead if 18,700 actual hours are worked in the upcoming year. (Round your intermediate calculations to 2 decimals. Round your final answer to the nearest whole dollar.)