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G H K L M N o O P Score: 0 17 ALT-OVER-UNDERAPPLIED Choose exercise (1-5) 1 Mindo Company estimated that its factory overhead for
G H K L M N o O P Score: 0 17 ALT-OVER-UNDERAPPLIED Choose exercise (1-5) 1 Mindo Company estimated that its factory overhead for 2019 would be $700,000. The factory overhead is applied using Direct Labor Hours. Mindo estimated that it would use 100,000 Direct Labor Hours in 2019. The actual factory overhead in 2019 turned out to be $705,000 and the company actually used 101,000 direct labor hours. 1 a. What is the predetermined ovehead rate (POR)? 0 per direct labor hour. b. What was the amount of the actual and applied overhead? Factory Overhead 0 0 Fill in the actual and applied overhead 5 7 8 9 0 1 2 3 C. Was the overhead underapplied or overapplied? 0 UNDERAPPLIED d. By how much? 0 4 . e. Show entry to close the Factory Overhead account. GENERAL JOURNAL DEBIT CREDIT -5 26 27 8 29 30 31 32 83 o 0 Factory Overhead closed
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