Cavy Company estimates that total factory overhead costs will be $973,050 for the year. The company has decided that the basis for applying factory overhead should be direct labor hours, which are estimated to be 97,500 hours.

Question Content Area

a. Compute the predetermined factory overhead rate. Round your answer to the nearest cent. fill in the blank per direct labor hour

b. Determine the amount of factory overhead applied to Job 345 if the amount of direct labor hours is 1,100 and to Job 777 if the amount of direct labor hours is 3,300. Job 345 fill in the blank Job 777 fill in the blank

Question Content Area

c. Journalize the entry for the factory overhead applied if Jobs 345 and 777 are the only jobs for the period. If an amount box does not require an entry, leave it blank.

blank	Account	Debit	Credit
	Cash, cost of goods sold, factory overhead, materials, work in progress
	Cash, cost of goods sold, factory overhead, materials, work in progress