Please explaine. Thank you.

A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 30,000. Actual manufacturing overhead costs incurred were $377,200, and actual direct labor hours were 36,000. The entry to apply the factory overhead costs for the year would include a a. debit to factory overhead for $360,000 b. credit to factory overhead for $432,000 c. debit to factory overhead for $377.200 d. credit to factory overhead for $360,000 Cranston Company estimates the following overhead costs for the coming year Equipment depreciation$160,000 Equipment maintenance Supervisory salaries Factory rent Total 60,000 40,000 100,000 $360.00 Cranston is also budgeting $600,000 in direct labor costs and 15,000 machine hours for the coming year. Required: e. Calculate the predetermined overhead rate using direct labor costs as the allocation base. f. Calculate the predetermined overhead rate using machine hours as the allocation base. Beginning Raw Materials Inventory $100,000 150,000 Materials Purchases Ending Raw Materials Inventory How much Raw Materials was used? 50,000