Chart of Accounts Factory Overhead Journal Instructions Amenida Company estimates that total factory overhead costs wil be $1,750,000 for the year. Direct labor hours are estimated to be 500,000 Required: A. For Amerindu company, determine the pendetermined factory overhead cate using atract labor hours as the activity base B. During Art, Amenda Company accumulated 20,000 hours or direct labor costs on Job 50 and 24,000 hours on Job St. Determine the amount of factory overhead applied to Jobs 50 and 51 in April C. Prepare the jouma entry on Apr. 50 to apply factory overhead to both jos on Aprv according to the predetermined ovencadrato Peter to the Chart or Accounts for exact wording of account thes bos 50 Applying factory overhead Instructions Chart of Accounts Factory Overhead Journa Factory Overhead A For Amernda Company, determine the predetermhed actory overheed rate using direct labor hours as the activity base S per direct bor hour During An Amerne Company accumulate 20.000 hours aforecabor costs on. So and 24,000 hours of Demene amount of factory overhead applied to os 50 and 1 Apre 5 Instructions Chart of Accounts Factory Overhead Journal Journal C. Prepare the ouma entry on Apr 30 to pytactory overhead to both on April according to the predetermined overed at afer to the Chart or Accounts for exact wording of accounts PAGE 10 JOURNAL DESCRIPTION POST 1 Show Me How Calculatus Journal Chart of Accounts General Ledger c ASSETS REVENUE 110 Cash 410 Sales 121 Accounts Receivable 810 Interest Revenue 125 Notas Receivable 126 Interest Receivable EXPENSES 510 Cost of Goods Sold 520 Wages Expense 131 Materials 132 Work in Process 133 Factory Overhead 134 Finished Goods 141 Supplies 142 Prepaid Insurance 143 Prepaid Expenses 161 Land 531 Selling Expenses 532 Insurance Expense 533 Uslities Expense 534 Office Supplies Expense 540 Administrative Expenses 560 Depreciation Expense Factory 590 Miscellaneous Expense 710 Interest Expense 191 Factory 192 Accumulated Depreciation Factory LIABILITIES 210 Accounts Payable 221 Us Payable 231 Nates Payable 236 Interest Payable 241 Lease Payable 252 Consultant Fees Payable She All work ved Show Me How Calculatot Journal Chart of Account VOICOS C. 133 Factory Overhead 134 Finished Goods 141 Supplies 142 Prepaid Insurance 581 Selling Expenses 532 Insurance Expense 533 Ultes Expense 534 Office Supplies Expense 540 Administrative Expenses 560 Depreciation Expense Factory 590 Miscellaneous Expense 710 Interest Expense 143 Prepaid Expenses 181 Land 191 Factory 192 Accumulated Depreciation-Factory LIABILITIES 210 Accounts Payable 221 Utilities Payable 231 Notes Payable 236 Interest Payable 241 Lease Payable 251 Wages Payable 252 Consultant Fees Payable EQUITY 311 Cammon Stock 340 Retained Eamings 351 Dividends 390 income Summary