Accounting 1B Written Assignment Mid-term Review Online tutoring site assistance may not be used on this assignment. Students found posting this assignment or relying on online solutions will receive a grade of 0 on the assignment. The following cost information is available for Manderlee Inc. for 2022: Advertising expense $30,000 Depreciation expense-office equipment 8,700 Depreciation expense-factory equipment 8,000 Direct labor 48,000 Heat, light, and power-factory 5,100 laIs Indirect labor 18,100 Insurance expense-factory 6,000 Office salaries expense 180,000 Property taxes-factory 1,800 Property taxes-headquarters building 12,000 Sales 500,000 Sales salaries expense 52,000 Supplies-factory 3,800 Utility costs-factory 2,200 1. Using the cost information above, determine the total Factory Overhead Total factory overhead 2. Manderlee Inc. uses a company-wide factory overhead rate. Manderlee Inc. expects to have 3,000 direct labor hours. Calculate the plantwide factory overhead rate. Single Plantwide Rate per dihAccounting 1B Written Assignment Mid-term Review 3. Journalize the following transactions. a) Purchase of $50,000 ofmaterials h) $42,500 of material was requisitioned; $42,000 of that amount was for direct materials. 0) Manderlee paid 35,500 in wages, $35,000 of which was direct labor d) The actual factory overhead costs were $45,000. e) Actual direct labor hours were 3,010 hours. Use the factory overhead rate to apply factory overhead costs to the product 0 $65,000 of product was completed and transferred to nished goods. GENERALJOURNAL Page Date Description Ref Debit ' Credit 1. Balance the Accounts. Is the F011 over or under applied? Materials FOI-l WIP Finished Goods