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Calculating the Predetermined Overhead Rate, Apply

Calculating the Predetermined Overhead Rate, Applying Overhead to ProductionAt the beginning of the year, Debion Company estimated the following: Overhead $504,300 Direct labor hours 84,250Debion uses normal costing and applies overhead on the basis of direct labor hours. For the month of March, direct labor hours were 18,535.Required:1. Calculate the predetermined overhead rate for Debion. Round your answer to the nearest cent.$ per direct labor hour2. Calculate the overhead applied to production in March. Round your intermediate calculations to two decimal places and round your answer to nearest whole value.$

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