Instructions The cost accountant for River Rock Beverage Co, estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning February 1 would be $130,000, and total direct labor costs would be $100,000. During February, the actual direct labor cost totaled $12,500, and factory overhead cost incurred totaled $16,750. Required: a. What is the predetermined factory overhead rate based on direct labor cost? b. Journalize the entry to apply factory overhead to production for February 28. 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 debit or 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. c. What is the February 28 balance of the account Factory Overhead-Blending Department? d. Does the balance in part (c) represent over- or underapplied factory overhead? Chart of Accounts ASSETS 110 Cash 121 Accounts Receivable 125 Notes Receivable CHART OF ACCOUNTS: River Rock Beverage Co. General Ledger REVENUE 410 Sales 610 Interest Revenue