Factory Overhead Rates, Entries, and Account Balance

overhead costs, direct labor hours, and machine hours are as follows:

Factory $1,$ Factory $2$

Estimated factory overhead cost for fiscal

year beginning August $1$

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

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

$$750,960$

$$982,800$

$12,600$

$20,860$

$$60,150$

$$84,610$

$1,130$

$1,630$

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 $1$

Factory $2$

Factory $1$$

Factory $2$ $