42 Use the following data for questions 42-45: The John Kinky Toy Company apples factory overhead to jobs on the basis of Machine hours in the Feather Department. The following information was made available Estimated factory overhead costs for the year.. Estimated machine hours for the year $30.000 12.000 hours Actual machine hours used in May- Actual factory overhead costs for May 1,150 hours $2,400 Determine the predetermined factory overhead rate for the Feather Department using the budget information above.Overhead Rate: mour QUESTION 43 Determine the amount of factory overhead to be applied to production for May in the Feather department using actual machine hours costs for May. Overhead Applied: QUESTION 44 Determine the balance of the Feather Department factory overhead account as of May 31. Balance: QUESTION 45 indicate whether the balance of the Feather Department factory overhead account represents overapplied or underapplied factory overhead, OA Overapplied OB Underapplied 2 QUESTION 46 Use the following Data for the remaining exam questions: The Whipped Cream Department of the John Kinky Toy Factory has the information below available for the month of March. Identify the missing numbers. An (") will require a number, but will not be graded. Write your five answers below. Work in process inventory, March 1 Costs of Goods Manufactured 17,000 Materials, March 1 6,000 Purchase of materials $5,000 Cost of materials available for use Less Materials, March 31 7,000 Cost of materials placed in production Direct Labor Factory Overhead Indirect Labor 25,000 15,000 Indirect Materials Other factory supplies & utilities costs 9.000 Total Factory Overhead 34,000 Total manufacturing costs added Total Manufacturing costs Less Work in Process inventory, March 31 Cost of good Manufactured == 18,500 Income Statement Sales Finished goods inventory, March 11 Cost of goods manufactured Cost of finished goods available for sale: Less: finished good inventory, March 31 21,000 From Above 23.000 Cost of goods sold Gross Profit $ Less: selling and administrative expenses Net Income 235,000 78,000