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Factory Overhead Rates, Entries, and Account Balance Eclipse Solar Company operates two factories. The company applies factory overhead to jobs on the basis of machine
Factory Overhead Rates, Entries, and Account Balance Eclipse Solar Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours in Factory and on the basis of direct labor hours in Factory Estimated factory overhead costs, direct labor hours, and machine hours are as follows: Factory Factory Estimated factory overhead cost for fiscal year beginning August $ $ 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 Question Content Area a Determine the factory overhead rate for Factory $fill in the blank aed per machine hour b Determine the factory overhead rate for Factory $fill in the blank aed per direct labor hour Question Content Area 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 Factory Question Content Area d Determine the balances of the factory overhead accounts for each factory as of August and indicate whether the amounts represent overapplied factory overhead or underapplied factory overhead. Factory $fill in the blank ebfc Factory $fill in the blank ebfc Check My Work
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