Ex. 20-4 a. Factory overhead rate based on direct labor cost: $3,000,000 $2,400,000 125% 248 248,0 Factory Overhead-Blending $198,400 x 125% $248,000 $5,200 debit ($253,200- $248,000) c. d. Underapplied factory overhead Ex. 20-5 Equivalent Whole Units Direct Materials Co 9001 14,800 15,700 1,200 14,800214,800 16,000 14,800 Started and completed Transferred to Packing Inventory in process, ending 8003 2,000 2,000 18,00016,800 (40% completed) Total 16,500 11,200 units x (1-25%) 216,000 units-1,200 units 32,000 units 40% Ex. 20-4 a. Factory overhead rate based on direct labor cost: $3,000,000 $2,400,000 125% 248 248,0 Factory Overhead-Blending $198,400 x 125% $248,000 $5,200 debit ($253,200- $248,000) c. d. Underapplied factory overhead Ex. 20-5 Equivalent Whole Units Direct Materials Co 9001 14,800 15,700 1,200 14,800214,800 16,000 14,800 Started and completed Transferred to Packing Inventory in process, ending 8003 2,000 2,000 18,00016,800 (40% completed) Total 16,500 11,200 units x (1-25%) 216,000 units-1,200 units 32,000 units 40%