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Recording Direct Labor and Factory Overhead Chamlee Industries Inc. manufactures recreational vehicles, Chamice Industries uses a job order cost system. The time tickets from May

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Recording Direct Labor and Factory Overhead Chamlee Industries Inc. manufactures recreational vehicles, Chamice Industries uses a job order cost system. The time tickets from May jobs are summarized below Job 5-100 $7,040 Job 5-101 4,290 5,280 3,190 Job 5-102 Job 5-103 Factory supervision 1,925 Factory overhead is applied to jobs on the basis of a predetermined overhead rate of $35 per direct labor hour. The direct labor rate is $35 per hour. a. Determine the total factory labor costs transferred to Work in Process and Factory Overhead for May. If required, round your answers to nearest dollar. Factory labor costs transferred to Work in Process Factory labor costs transferred to Factory Overhead b. Determine the amount of factory overhead applied to production for May. If required, round your interim calculation and final answer to nearest dollar. c. Illustrate the effects of the factory overhead applied in (b) on the accounts and financial statements

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