Question: Help, and it would really help me if you could explain what you plugged in to get the answers. Thanks Wheeler's Bike Company manufactures custom
Help, and it would really help me if you could explain what you plugged in to get the answers. Thanks


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 parta Factory machinery depreciation Pactory supervisor salaries Factory direct labor Factory supplies Pactory property tax Advertising cost Administrative salaries Administrative-related depreciation Total expected costs $349,800 54.000 140,500 212,163 39.900 33,750 19,500 53,500 23,200 $926,613 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.61 per hour. 2. Determine the amount of applied overhead if 18,600 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 $11.61 per hour. (Round your answer to 2 decimal places.) Predetermined Overhead Rate per DL Hour determine the cost of each bike. Estimated costs and expenses for the coming year follow: Bike parts Factory machinery depreciation Factory supervisor salaries Pactory direct labor Factory supplies Factory property tax Advertising cost Administrative salaries Administrative-related depreciation Total expected costs $349, BOD 54,000 140,500 212,463 39,900 33,750 19,500 53,500 23,200 $926,613 Required: 1. Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $11.61 per hour. 2. Determine the amount of applied overhead if 18,600 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 18,600 actual hours are worked in the upcoming year. (Round your intermedia calculations to 2 decimals. Round your final answer to the nearest whole dollar.) Applied Overhead
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