Name Score: out o 2 0% EX 20-4 Factory Overhead Rate, Entry for Applying Factory Overhead, and Factory Overhead Account Balance OBJ. 1, 3 The chief cost accountant for Sassy Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning June 1 would be $97,500, and total direct labor costs would be $75,000 . During June, the actual direct labor cost totaled $6,300, and factory overhead cost incurred totaled $8,250. a. What is the predetermined factory overhead rate based on direct labor cost? Answer + b. Journalize the entry to apply factory overhead to production for June. c. What is the June 30 balance of the account Factory Overhead-Blending Department? d. Does the balance in part (c) represent over- or underapplied factory overhead? We learned about predetermined overhead rate in last module's discussion. In this problem, we will need to determine it first and then m with the actual units that were used 1 -2 14 d. Does the balance in part (c) represent over- or overhead? We learned about predetermined overhead rate in last module's discussion. In this problem, we will need to determine it first and then multiply it with the actual units that were used. Factory Overhead Rate: Total Factory Overhead costs, estimated divided by: total direct labor costs, estimated =Factory Overhead rate (per direct labor dollar) #DIVIO na Factory Overhead in June (Fill out only this row (row 52) for this part) na Was the overhead under or over-applied