Factory Overhead Rates, Entries, and Account Balance
overhead costs, direct labor hours, and machine hours are as follows:
Factory Factory
Estimated factory overhead cost for fiscal
year beginning August
Estimated direct labor hours for year
Estimated machine hours for year
Actual factory overhead costs for August
Actual direct labor hours for August
Actual machine hours for August
a Determine the factory overhead rate for Factory
$
per machine hour
b Determine the factory overhead rate for Factory
$
per direct labor hour
$
$
$
$
c Journalize the entries to apply factory overhead to production in each factory for August. If an amount box does not require an entry, leave it blank.
Factory
Factory
Factory $
Factory $