Factory Overhead Rates, Entries, and Account Balance

Montenegro Metal 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 $2$

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 March. If an amount box does not require an entry, leave it blank.

Factory $1$

$.$

Factory $2$