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 $1$ and on the basis of direct labor hours in Factory $2.$ Estimated factory overhead costs, direct labor hours, and machine hours are as follows:

Factory $1$ Factory $2$

Estimated factory overhead cost for fiscal year

beginning August $1$

$\backslash$table$[[$$$18,500,000,$$$44,000,000$