4 32 Return Submit 2 points During August 2023, Eek Company's factory incurred direct labor costs of $80,000. When Eek Company records those costs, how will the company's accounts be affected? (See your chapter 12 notes, page 8) Factory wages expense will decrease by $80,000. Factory overhead will decrease by $80,000. Work-in-process inventory will decrease by $80,000. Finished goods inventory will decrease by $80,000. Work-in-process inventory will increase by $80,000. Finished goods inventory will increase by $80,000. Factory overhead will increase by $80,000. Factory wages expense will increase by $80,000. 2 points Black Company's predetermined overhead rate for 2023 is $12.00 per direct labor hour. Black's actual overhead costs in July 2023 were $1,250,000, and actual direct labor hours were 100,000. Calculate the amount of any overapplied or underapplied overhead in July. (Do NOT include a $ sign when you enter your answer. Do NOT include any decimals. If underapplied, enter your answer as a negative number by typing a minus "-" sign in front of your answer; do NOT include a space after the minus sign.) (See your chapter 12 notes, page 17) Type your answer...

3 2 points Return During August 2023, Eek Company's factory incurrod direct labor costs of $80,000. When Eek Company ficords those costs, how wil the company's accounts be affected? (See your chapter 12 notes, page 8) Factory wages expense will decreaso by $80,000 Factory overhead will decrease by $80,000. Work-in-process inventory will decrease by $80,000 Finished goods inventory will decrease by $80,000 Work-in-process inventory will increase by $80,000 Finished goods inventory will increase by $80,000 Factory overhead will increase by $80,000. Factory wages expense will increaso by $80,000. 42 points Black Company's predetermined overhead rate for 2023 is $12.00 per direct labor hour. Blacks actual overheod costs in July 2023 were $1.250.000, and actual drect labor hours wore 100,000. Calculato the amount of any overapplied or underapplied overhead in July. (Do NOT include a \$ sign when you enter your answer. Do NOT include any decimals. If underapplied, enter your answor as a negative number by typing a minus "- "sign in front of your answer, do NOT include a space after the minus sign.) (See your chapter 12 notes, page 17 ) Type your