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Cavy Company estimates that total factory overhead costs will be $750,008 for the year. Direct labor hours are estimated to be 90,800. a. Determine
Cavy Company estimates that total factory overhead costs will be $750,008 for the year. Direct labor hours are estimated to be 90,800. a. Determine the predetermined factory overhead rate. Round your answer to the nearest cent. $ b. Determine the amount of factory overhead applied to Job 456 if the amount of direct labor hours is 1,100 and Job 888 if the amount of direct labor hours is 2,700. Job 456 Job 888 c. Prepare the journal entry to apply factory overhead for April according to the predetermined overhead rate. Cash Cost of Goods Sold Factory Overhead Materials Work in Process
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