PART 1

The Cavy Company estimates that the factory overhead for the following year will be $1,049,100. The company has determined that the basis for applying factory overhead will be machine hours, which is estimated to be 26,900 hours. There are 5,190 machine hours for all of the jobs in the month of April.

What is the amount that will be applied to all of the jobs for the month of April? $

PART 2

The Cavy Company company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $343,000 and direct labor hours would be 47,100. Actual manufacturing overhead costs incurred were $313,500, and actual direct labor hours were 54,500. The entry to apply the factory overhead costs for the year would include a

a.debit to Factory Overhead for $396,760

b.credit to Factory Overhead for $343,000

c.debit to Factory Overhead for $313,500

d.credit to Factory Overhead for $396,760