ect labor hours, and machine hours are as follows: Required: a. Determine the factory overhead rate for Factory 1. b. Determine the factory overhead rate for Factory 2. 0. Joumalize the Aug. 31 entries to apply factory overhead to production in each factory. Refer to the chart of accounts for the exaot wording of the account titles. CNOW journals do not use lines for spaces or joumal explanations. Every line on a joumal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries CNOW joumals will automatically indent a credit entry when a credit amount is entered d. Detemine the balances of the factory overhead accounts for each factory as of August 31 , and indicate whether the amounts represent overapdied factory overhead or underaeplied factory overhead. Enter all amounts as positive numbers. Eclipse Solar Company General Ledger 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 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary a. Determine the factory overhead rate for Factory 1. per machine hour b. Determine the factory overhead rate for Factory 2 . c. Joumalize the Aug. 31 entry to apply factory overhead to production in Factory 1. Refer to the chart of accounts for the exact wording of the account titles. CNOW joumals do not use lines for spaces or joumal explanations. Every line on a jourmal page is used for debit or credit entries. Do not add explanations or skip a line between joumal entries. CNOW joumals will automatically indent a credit entry when a credit amount is entered. Scroll down to record the entry for Factory 2 . Now joumalize the second Aug 31 entry to apply factory overhead to production in Factory 2 . Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations Every line on a joumal page is used for debit or credit entries. Do not add explanations or skip a line between joumal entries. CNOW joumals will automatically indent a credit entry when a credit amount is entered. Final Question positive numbers. Factory 1 Factory 2 5 s