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The estimated total factory overhead cost and total machine hours for Department 40 for the current year are $250,000 and 56,250, respectively. During January, the

The estimated total factory overhead cost and total machine hours for Department 40 for the current year are $250,000 and 56,250, respectively. During January, the first month of the current year, actual machine hours used totaled 5,100 and factory overhead cost incurred totaled $22,000.

a. Determine the factory overhead rate based on machine hours. Round your answer to two decimal places. $per machine hour

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b. Present the entry to apply factory overhead to production in Department 40 for January.

c. What is the balance of Factory Overhead - Department 40 at January 31? $credit

d. Does the balance of Factory Overhead - Department 40 at January 31 represent overapplied or underapplied factory overhead? SelectOverapplied factory overheadUnderapplied factory overheadCorrect 2 of Item 3

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