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Instructions The Chief cost accountant for Kenner Beverage Co estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning

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Instructions The Chief cost accountant for Kenner Beverage Co estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning May I would be 5210,000 and total direct labor costs would be 5150,000 During May, the actual direct labor cost totaled $12.000 and factory overhead cost incurred totaled 517 100 Required: A What is the predetermined factory overhead rate based on direct labor cost? B. On May 31, journalize the entry to apply factory overhead to production Refer to the Chart of Accounts for exact wording of account sites What is the May 31 balance of the account Factory Overhead Blending Department D Does the balance m part represent over or underapplied factory overhead? A. What is the predetermined factory overhead rate based on direct labor cost? % A B. on May 31 journalize the entry to apply factory overhead to production. Refer to the Chart of Accounts for exact wording of account titles PAGE 10 ACCOUNTING EQUATION JOURNAL OCHT CREDIT ASSETS LIABILITIES EQUITY POSLE DATE DESCRIPTION 1 2 C. What is the May 31 balance of the account Factory Overhead-Blending Department? Amount Debit or credit? 1 D. Does the balance in part C represent over- or underapplied factory overhead? 2

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