Annual Factory Overhead is estimated at $5,000,000. The factory manager expects to use 1,000,000 Direct Labor Hours to produce 20,000,000 widgets. A production run just finished-- in which 800 direct labor hours produced 10,000 widgets. If factory overhead is applied based on Units of Production, what is the Journal Entry to book this expense? Select one: a. Dr. Work in Process $4,000 Cr. Factory Overhead $4,000 b. Dr. Factory Overhead $4,000 Cr. Work in Process $4,000 C. Dr. Work in Process $2,500 Cr. Factory Overhead $2,500 d. Dr. Factory Overhead $2,500 Cr. Work in Process $2,500 e. None of these Journal Entries are correct. The Journal Entry to recognize Indirect Labor costs is.... Select one: a. Dr. Factory Overhead Cr. Wages Payable b. Dr. Wages Payable Cr. Work in Process C. Dr. Work in Process Cr. Wages Payable d. Dr. Wages Payable Cr. Factory Overhead Question 13 Not yet answered Marked out of 0.50 P Flag question True or False: An "overapplied" Factory Overhead is corrected by reversing the extra amount(s) charged and taking the account to a-0-ending balance. Select one: True False 1 Not yet answered Marked out of 2.00 P Flag question $1,000 worth of materials were pulled for production, along with $300 worth of materials for general use. The Journal Entry to record this event is.... Select one: a. Dr. Work in Process $300 Dr. Factory Overhead $1,000 Cr. Materials $1,300 b. Dr. Work In Process $1,000 Dr. Factory Overhead $300 Cr. Materials $1,300 c. Dr. Work in Process $1,300 Cr. Materials $1,300 d. Dr. Factory Overhead $1,300 Cr. Materials $1,300