[June Myers]

The estimated total factory overhead cost and total machine hours for department 40 for the current year are $250000 and 56250 respectively. During January the first month of the current year actual machine hours used totaled 5100 and factory overhead cost incurred totaled $22000
A. determine the factory overhead rate based on machine hours.
B. Presnt 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? Indicate if the balance is a debit or credit.
D. does the balance of factory overhead-department 40 at Jan. 31 represent overapplied or underapplied factory overhead? Present the entry to close the factory overhead account

[morgaine300]

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