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Instruction Cavy Company estimates that total factory overhead costs will be $559,619 for the year. Direct labor hours are estimated to be 90,700. Required: Determine

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Instruction Cavy Company estimates that total factory overhead costs will be $559,619 for the year. Direct labor hours are estimated to be 90,700. Required: Determine (a) the predetermined factory overhead rate; (b) the amount of factory overhead applied to Job 567 # the amount of direct labor hours is 1,200 and Job 999 if the amount of direct labor hours is 3,100; and (c) prepare the journal entry to apply factory overhead for April according to the predetermined overhead rate. Refer to the Chart of Accounts for exact wording of account titles. Chart of Accounts ASSETS REVENUE mates th: 110 Cash 410 Sales 121 Accounts Receivable 610 Interest Revenue the pred Job 999 EXPENSES ined ove 510 Cost of Goods Sold 520 Wages Expense 131 Materials 133 Work in Process 135 Factory Overhead 137 Finished Goods *141 Supplies 142 Prepaid Expenses 181 Land 190 Factory Equipment 191 Accumulated Depreciation 531 Insurance Expense 532 Utilities Expense 533 Office Supplies Expense 560 Depreciation Expense 590 Miscellaneous Expense 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Utilities Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings All work saved. Chart of Accounts 133 Work in Process EXPENSES 135 Factory Overhead 510 Cost of Goods Sold 137 Finished Goods 141 Supplies 142 Prepaid Expenses 181 Land 520 Wages Expense 531 Insurance Expense 532 Utilities Expense 533 Office Supplies Expense 560 Depreciation Expense 590 Miscellaneous Expense 710 Interest Expense 190 Factory Equipment -191 Accumulated Depreciation LIABILITIES 210 Accounts Payable 221 Utilities Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Chart of Accounts Instruction Factory Overhead (a) Determine the predetermined factory over rate. Round your answer to me want Predetermined factory overhead rates (b) Determine the amount of actory overhead uppted to NO 867 X no amount of het weer nous de 1.200 21. JUO 200 wa snow or direct labor hours a 3,100 Job 900 (c) Prepare the journal entry to apply factory overhead for April 30 according to the predetermined overhead role. Refer to the Chart of Accounts for exact wording of account thes PAGE 1 JOURNAL DATE DESCRIPTION POSTRES CREDIT DEBIT

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