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Cavy Company estimates that total factory overhead costs will be $720,452 for the year. Direct labor hours are estimated to be 94,300. Required: (a) Determine

Cavy Company estimates that total factory overhead costs will be $720,452 for the year. Direct labor hours are estimated to be 94,300.

Required:

(a) Determine the:
(1) Predetermined factory overhead rate
(2) Amount of factory overhead applied to Job 567 if the amount of direct labor hours is 1,300 and Job 999 if the amount of direct labor hours is 3,100
(b)

Prepare the journal entry to apply factory overhead for April according to the predetermined overhead rate. Refer to the Chart of Accounts for exact wording of account titles.

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(a)(1) Determine the predetermined factory overhead rate. Round your answer to the nearest whole dollar. Predetermined factory overhead rate S per direct labor hour (a)(2) Determine the amount of factory overhead applied to Job 567 if the amount of direct labor hours is 1,300 and Job 999 if the amount of direct labor hours is 3,100. Job 567: Job 999: $ (b) Prepare the journal entry to apply factory overhead for April 30 according to the predetermined overhead rate. Refer to the Chart of Accounts for exact wording of account titles. PAGE 1 JOURNAL DATE POST. REF DEBIT CREDIT

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