The Brass Works is in the process of determining manufacturing overhead. Journalize the entries to record the following events to Factory Overhead, Administrative Expenses, and Selling Expenses, or allocated between the three as appropriate. All items were paid in cash at the time of acquisition. Next compute the overhead application rate and journalize the entry to apply overhead to Work in Process.

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a. Brass Works purchases an insurance policy for $4,000. It is computed that 80% of the value of the policy protects production, and the balance protects the administrative offices. Brass Works charges insurance initially to expense. If an amount box does not require an entry, leave it blank.

	Accounts PayableCashFactory OverheadFinished GoodsWork in Process	- Select -	- Select -
	Accounts PayableAdministrative ExpensesCashMaterialsWork in Process	- Select -	- Select -
	Accounts PayableCashFactory OverheadMiscellaneous ExpenseWork in Process	- Select -	- Select -

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b. The electric bill shows an amount due of $1,200. This meter is utilized only by production, as the office spaces have their own meters. If an amount box does not require an entry, leave it blank.

	Accounts PayableCashFactory OverheadFinished GoodsWork in Process	- Select -	- Select -
	Accounts PayableCashFactory OverheadFinished GoodsWork in Process	- Select -	- Select -

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c. Payroll reports that the sales manager's salary for the period is $3,500 and that production supervisors' wages for the period are $5,500. If an amount box does not require an entry, leave it blank.

	Accounts PayableCashMaterialsSelling ExpensesWork in Process	- Select -	- Select -
	Accounts PayableCashFactory OverheadFinished GoodsWork in Process	- Select -	- Select -
	Accounts PayableFactory OverheadMiscellaneous ExpenseWages PayableWork in Process	- Select -	- Select -

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d. The stockroom reports that $2,575 of materials were purchased for the production maintenance department. If an amount box does not require an entry, leave it blank.

	Accounts PayableCashFactory OverheadMaterialsWork in Process	- Select -	- Select -
	Accounts PayableCashFactory OverheadMaterialsWork in Process	- Select -	- Select -

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e. If the driver for the application of overhead is drop-forge strokes and there are expected to be 1,000 strokes in this period, what is the rate per stroke? Round your answer to three decimal places. $fill in the blank aec248002fe5faa_1 per stroke

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f. Assuming that there are 1,150 drop-forge strokes in this period, apply factory overhead to Work in Process. Use the rate calculated in part (e). If an amount box does not require an entry, leave it blank. Round your answer to the nearest dollar.

	Accounts PayableCashFactory OverheadMaterialsWork in Process	- Select -	- Select -
	Accounts PayableCashFactory OverheadMaterialsWork in Process	- Select -	- Select -