Instruction Chart of Accounts Factory Overhead Instruction Cavy Company estimates that total factory overhead costs will be $1,101,828 for the year. Direct labor hours are estimated to be 109.200 Required: a. Compute the predetermined factory overhead rate. Round your answer to the nearest cent. b. Determine the amount of factory overhead applied to Job 456 if the amount of direct labor hours is 1,400 and to Job 888 if the amount of direct labor hours is 2,800 c. Prepare the journal entry to apply factory overhead for April according to the predetermined overhead rate. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for spaces or journal explanations. Every line on a journal page is used for debitor credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automatically indent a credit entry when a credit amount is entered Instruction Chart of Accounts Factory Overhead General Journal Chart of Accounts CHART OF ACCOUNTS Cavy Company General Ledger ASSETS REVENUE 410 Sales 610 Interest Revenue 110 Cash 121 Accounts Receivable 131 Materials 133 Work in Process 135 Factory Overhead 137 Finished Goods 141 Supplies 142 Prepaid Expenses EXPENSES 510 Cost of Goods Sold 520 Wages Expense 531 Insurance Expense 532 Utilities Expense 533 Office Supplies Expense 560 Depreciation Expense 590 Miscellaneous Expense 710 Interest Expense 181 Land 190 Factory Equipment 191 Accumulated Depreciation LIABILITIES 181 Land 533 Office Supplies Expense 190 Factory Equipment 560 Depreciation Expense 590 Miscellaneous Expense 191 Accumulated Depreciation 710 Interest Expense LIABILITIES 210 Accounts Payable 221 Utilities Payable 251 Wages Payable EQUITY 311 Common Stock 340 Retained Earnings 351 Dividends 390 Income Summary Instruction Chart of Accounts Factory Overhead General Journal Chart of Accounts Factory Overhead a. Compute the predetermined factory overhead rate. Round your answer to the nearest cent. Predetermined factory overhead rate $ per direct labor hour b. Determine the amount of factory overhead applied to Job 456 if the amount of direct labor hours is 1,400 and to Job 888 the amount of direct labor hours is 2,800. Job 456 Job 888 5 Instruction Chat of Account Factory Overhead General Journal General Journal . Prepare the journal artyscy factory overhead for Art 30 according to the predotomised when we Role to the chart or account war wording of account CHOW Jumale do not use in or spaces or oumal explanations. Every time on a un paper a used for debitor credit entries. Do not act laadions or more the between format NOW mal wie automatically indarta credenty when credt amount is noved PAGE JOURNAL ) DOCTOR POSTRI prit CREDIT