A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $358,100 and direct labor hours would be 46,000. Actual manufacturing overhead costs incurred were $318,600, and actual direct labor hours were 51,000. What is the predetermined overhead rate per direct labor hour? a. $9.34 b. $11.68 c-$7.78 d. $6.23 Oc. Reynolds Manufacturers Inc. has estimated total factory overhead costs of $109,000 and expected direct labor hours of 10,900 for the current fiscal year. If job number 117 incurs 1,740 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a. $17,400 b. $54,500 c. $109,000 Od. $1,740 A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $356,800 and direct labor hours would be 44,100. Actual manufacturing overhead costs incurred were $310,400, and actual direct labor hours were 50,200. The entry to apply the factory overhead costs for the year would include a a. debit to Factory Overhead for $406,118 b. credit to Factory Overhead for $356,800 Oc. credit to Factory Overhead for $406,118 Od, debit to Factory Overhead for $310,400