Factory 1 Factory 2 Estimated factory overhead cost for fiscal year beginning August 1 Estimated direct labor hours for year Estimated machine hours for year Actual factory overhead costs for August Actual direct labor hours for August Actual machine hours for August $940,800 $613,800 9,300 23,520 $75,030 $53,220 840 1,830 a. Determine the factory overhead rate for Factory 1. per machine hour $ b. Determine the factory overhead rate for Factory 2. $ per direct labor hour c. Journalize the entries to apply factory overhead to production in each factory for August. If an amount box does not require an entry, leave it blank. Factory 1 Factory 2