Question

Cavy Company estimates that total factory overhead costs will be $637,294 for the year. Direct labor hours are estimated to be 92,900.

a. Compute the predetermined factory overhead rate. Round your answer to the nearest cent.
$................ per direct labor hour

b. Determine the amount of factory overhead applied to Job 567 if the amount of direct labor hours is 1,400 and to Job 999 if the amount of direct labor hours is 3,200.

Job 567	$
Job 999	$

c. Journalize the entry to record the factory overhead applied if Jobs 567 and 999 are the only jobs for the period. If an amount box does not require an entry, leave it blank.

- ................. .............. ...............

- .................. ............. ...............

Answer 1