The following cost information is available for Manderlee Inc. for 2022: Advertising expense $30,000 Depreciation expense-office equipment 8,700 Depreciation expense-factory equipment 8,000 Direct labor 48,000 Heat, light, and power-factory 5,100 Indirect labor 18,100 als Insurance expense-factory 6,000 Office salaries expense 180,000 Property taxes-factory 1,800 Property taxes-headquarters building 12,000 Sales 500,000 Sales salaries expense 52,000 Supplies-factory 3,800 Utility costs-factory 2,200 1. Using the cost information above, determine the total Factory Overhead Total factory overhead 2. Manderlee Inc. uses a company-wide factory overhead rate. Manderlee Inc. expects to have 3,000 direct labor hours. Calculate the plantwide factory overhead rate. Single Plantwide Rate per dihAccounting 1B Written Assignment Mid-term Review 3. Journalize the following transactions. a) Purchase of $50,000 of materials b) $42,500 of material was requisitioned; $42,000 of that amount was for direct materials. c) Manderlee paid 35,500 in wages, $35,000 of which was direct labor d) The actual factory overhead costs were $45,000. e) Actual direct labor hours were 3,010 hours. Use the factory overhead rate to apply factory overhead costs to the product f) $65,000 of product was completed and transferred to finished goods. GENERAL JOURNAL Page Date Description Ref Debit Credit 1 a. 1 2 2 3 3 14 b. 4 5 7 7 68 C. 8 9 9 10 10 11 11 12 d. 12 13 13 14 14 15 e. 15 16 16 17 17 18 f. 18 19 19 20 20 1. Balance the Accounts. Is the FOH over or under applied? Materials FOH WIP Finished Goods