The chief cost acosuntant for Vothaire Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning May 1 would be S160,000 and ti direct labor cost totaled $12,500 and factory overhead cost incurred totaled $20,350. Required: a. What is the predetemined factory overhead rate based on direct labor cost? b. On Mey 3t, pumalise the enty to apply factory overhead to production. Refer to the chart of accounts for the exact wording of the account tities. CNOW joumals do not use lines for joumal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit enty when a credt amount is entered. c. What is the Mpy 31 balance of the account Factory Overhead-Blending Department? c. Does the balance in part c represent over-or underapplled factory overhead? b. On May 31, journalize the entry to apply factory overhead to production. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journ credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. a. What is the predetermined factory overhead rate based on direct labor cost? What is the May 31 balance of the account Factory Overhead-Blending Department? Amount: Debit or credit? d. Does the balance in part c represent over-or underapplied factory overhead? ASSETS REVENUE 110 Cash 121 Accounts Receivable 125 Notes Receivable 126 Interest Receivable 131 Materials 141 Work in Process-Blending Department 142 Work in Process-Filling Department 151 Factory Overhead-Blending Department 152 Factory Overhead-Filling Department 161 Finished Goods 171 Supplies 172 Prepaid Insurance 173 Prepaid Expenses 181 Land 191 Factory 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 520 Wages Expense 531 Selling Expense 532 Insurance Expense 533 Utilities Expense 534 Supplies Expense 540 Administrative Expense 561 Depreciation Expense-Factory 590 Miscellaneous Expense 710 Interest Expense as. The chief cost acosuntant for Vothaire Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning May 1 would be S160,000 and ti direct labor cost totaled $12,500 and factory overhead cost incurred totaled $20,350. Required: a. What is the predetemined factory overhead rate based on direct labor cost? b. On Mey 3t, pumalise the enty to apply factory overhead to production. Refer to the chart of accounts for the exact wording of the account tities. CNOW joumals do not use lines for joumal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit enty when a credt amount is entered. c. What is the Mpy 31 balance of the account Factory Overhead-Blending Department? c. Does the balance in part c represent over-or underapplled factory overhead? b. On May 31, journalize the entry to apply factory overhead to production. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journ credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered. a. What is the predetermined factory overhead rate based on direct labor cost? What is the May 31 balance of the account Factory Overhead-Blending Department? Amount: Debit or credit? d. Does the balance in part c represent over-or underapplied factory overhead? ASSETS REVENUE 110 Cash 121 Accounts Receivable 125 Notes Receivable 126 Interest Receivable 131 Materials 141 Work in Process-Blending Department 142 Work in Process-Filling Department 151 Factory Overhead-Blending Department 152 Factory Overhead-Filling Department 161 Finished Goods 171 Supplies 172 Prepaid Insurance 173 Prepaid Expenses 181 Land 191 Factory 410 Sales 610 Interest Revenue EXPENSES 510 Cost of Goods Sold 520 Wages Expense 531 Selling Expense 532 Insurance Expense 533 Utilities Expense 534 Supplies Expense 540 Administrative Expense 561 Depreciation Expense-Factory 590 Miscellaneous Expense 710 Interest Expense as