Tiny Biggs Company operates two factories. The company apples factory overhead to jobs on the basis of machine hours In Factory 1 and on the basis of direct labor hours in Factory 2. Estimated factory overhead costs, direct labor hours, and machine hours are as follows: Factory 1 $1,504,500 Factory 2 $914,400 25,400 Estimated factory overhead cost for fiscal year beginning September 1 Estimated direct labor hours for year Estimated machine hours for year Actual factory overhead costs for September Actual direct labor hours for September Actual machine hours for September 50,150 $129,310 $102,970 2,805 4,355 Required: A Determine the factory overhead rate for Factory 1. B. Determine the factory overhead rate for Factory 2