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Instructions Lockmiler Company estimates that total factory overhead costs will be $2,124,000 for the year. Direct labor hours are estimated to be 531.000 Required: a

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Instructions Lockmiler Company estimates that total factory overhead costs will be $2,124,000 for the year. Direct labor hours are estimated to be 531.000 Required: a For Lockmiller Company, determine the predetermined factory overhead rate using direct labor hours as the activity base. Round your answer to the nearest cont b. During May, Lockriller Company accumulated 18,400 hours of direct labor costs on Job 275 and 23,200 hours on Jab 310. Determine the amount of factory overhead applied to Jobs 275 and 310 in May. o Propire the journal entry on May 30 to apoly factory overhead to bom Jobs in May according to the predetermined overhead rate. Rotor to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for joumal explanations. Every ine on a journal page is used for debil or credit entries, CNOW journals will automatically indent a credit entry when a credit amount is entered. Factory Overhead a For Lockmiller Company determine the wederermined factory overhead rate using direct labor hows as the activity base. Round your answer to the nearest cent. $ per direct labor hour 6. During May, Locknifer Company accumulated 18,400 hours of direct labor costs on Job 275 and 23.200 hours on Job 310. Determine the amount of factory overhead appled to Jobs 275 and 310 in May S Journal 4. Prepare the journal entry on May 30 to apply factory overhead to both jobs in May according to the preclutermined overhead tate. Peter to the churt of accounts for the exact weinig of the account titles. CNOW fournals do not use lines for joumai explanatlons. Every Nine on a journal page is used Nor debit or credit entries. CNOW Journals ww.automatically noont a credit entry when a credit amount is entered, PAGE 10 ACCOUNTING EQUATION JOURNAL DESCRIPTION DATE DET POSTRE CREDIT ASSETS LIARITIES TOUTY

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