Factory Overhead Rate, Entry for Appiying Factory Overhead, and Factory Overhead Account Balance The cost accountant for River Rock Beverage Co. estimated that total factory overhead cost for the Biending Department for the coming fiscal year beginning February 1 would ber $393,300, and tokal diret laber costs would be $342,000. During February, the actual direct labor cost totaled $29,000, and factory overhead cost incurred totaled 534,700 . a. What is the predetermined factory ovorhead rate based on direct labor cost? Enter your answer as a whole percent not in decimals. b. Journalce the entry to apply factory overhead to production for February, If an amount box does not require an entry, leave it blank: c. What is the February 28 balance of the account Factory Overhead-Biending Department? Ampunt: 1 Debit or Credt? d. Does the balance in pert (c) represent overapplied or underapplied factory ovechead