Factery Overhead Rate, Entry tor Applying Factory Overhead, and Factory Overhead Account Balance The cost accountant for Fiver Rock Feverage Co estimsted that total factory overhead cost for the Elending Department for the coming fiscal year betginning February 1 totaled $7,500. a. What is the predetermined factery overhead rate based on direct labar cost? later your answer as a whole percent mot in ifecimals. b. Joumalize the entry to apply factory overhead to production for February, Ir an amount Dox does oot require an entry, leave it blank c. Whot is the February 28 balpoce of the account Factory Overhead-Biending Department? Amounti 1 Debit or Credit? d. Does the balance in part (C) represent everapplied or underapplied factory averhead