Cavy Company estimates that total factory overhead costs will be $660,000 for the year. The company has decided that the basis for applying factory overhead should be direct labor hours, which are estimated to be 100,000 hours: a. Compute the predetermined factory overhead rate. Round your answer to the nearest cent. 5 per direct labor hour b. Determine the amount of factory overhead applied to Job 345 if the amount of direct labor hours is 560 and to Job 777 if the amount of direct labor hours is 800 . Job3455Job7775 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