Montenegro Metal Company operates two tactories. The company apples factory ovemhead to jobs on the basis of machine hours in Factory 1 and on the basis of difect labor hours in Factory 2. Estimated factory overhead costs, direct labor hours, and machine hours are as follows a. Determine the factory overhead rate for Factory 1. Round the answer to two decimal paces. per machine hour b. Determine the factory overhead rate for Factory 2. Round the answer to two decimal paces. per direct labor hour JOURUA ACCOUNTING EQUADION DET ofschiption d. Detemmene the batances of the factory overhead accounts for each factory as of March 3 f and indicate whether the amounts represent owerinelied fictory owemesd or When required, round your answers to the nearest dollar, Enter your answer as a posithe number Montenegro Metal Company operates two tactories. The company apples factory ovemhead to jobs on the basis of machine hours in Factory 1 and on the basis of difect labor hours in Factory 2. Estimated factory overhead costs, direct labor hours, and machine hours are as follows a. Determine the factory overhead rate for Factory 1. Round the answer to two decimal paces. per machine hour b. Determine the factory overhead rate for Factory 2. Round the answer to two decimal paces. per direct labor hour JOURUA ACCOUNTING EQUADION DET ofschiption d. Detemmene the batances of the factory overhead accounts for each factory as of March 3 f and indicate whether the amounts represent owerinelied fictory owemesd or When required, round your answers to the nearest dollar, Enter your answer as a posithe number