5. Bergan Company estimates that total factory overhead costs will be $620,000 for the year. Direct labor hours are estimated to be 80,000. For Bergan Company (A) determine the predetermined factory overhead rate using direct labor hours as the activity base, (B) determine the amount of factory overhead applied to Jobs 200 (2,500 direct labor hours) and Job 305 (3,000 direct labor hours), and (C) prepare the journal entry to apply factory overhead to both jobs in August according to the predetermined overhead rate. SHOw YOUR WORK Supporting Calculations Journal Entry: Description Debit Credit Date May 31 Work in process 42,625 Factory Overhead 42,625