Factory Overhead Rate, Entry for Applying Factory Overhead, and Factory Overhead Account Balance The chief cost accountant for Kenner Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning May 1 would be 5560,050, and total direct labor costs would be $487,000. During May, the actual direct labor cost totaled $42,000, and factory overhead cost incurred totaled $50,250. a. What is the predetermined factory overhead rate based on direct labor cost? Enter your answer as a whole percent not in decimals Identify the activity base for this company. Remember to enter the number as a whole percent not in decimal b. Journalire the entry to apply factory overhead to production for May Work in Process-Blending Department Factory Overhead-Blending Department Recall how the predetermined factory overhead is applied to departments. How does the applied overhead affect work in process c. what is the May 31 balance of the account factory Overhead-Blending Departments Amount: Debitor Credit