Question
Cavy Company estimates that total factory overhead costs will be $660,000 for the year. Direct labor hours are estimated to be 100,000. Question Content Area
Cavy Company estimates that total factory overhead costs will be $660,000 for the year. Direct labor hours are estimated to be 100,000.
Question Content Area
a. Compute the predetermined factory overhead rate. Round your answer to the nearest cent. $fill in the blank e3adbbf7501bfcc_1 per direct labor hour
b. Determine the amount of factory overhead applied to Job 345 if the amount of direct labor hours is 560 and to Job 777 if the amount of direct labor hours is 800.
Job 345$fill in the blank e3adbbf7501bfcc_2Job 777$fill in the blank e3adbbf7501bfcc_3Question Content Area
c. Journalize the entry to record 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.
blankCashCost of Goods SoldFactory OverheadMaterialsWork in Process- Select -- Select - CashCost of Goods SoldFactory OverheadMaterialsWork in Process- Select -- SelectStep by Step Solution
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