Factory Overhead Rate, Entry for Applying Factory Overhead, and Factory Overhead Account Balance The cost accountant for Kenner Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning May 1 would be $588,000, and total direct labor costs would be $490,000. During May, the actual direct labor cost totaled $42,000, and factory overhead cost incurred totaled $52,400. a. What is the predetermined factory overhead rate based on direct labor cost? Enter your answer as a whole percent not in decimals. % Feedback > b. Journalize the entry to apply factory overhead to production for May. Work in Process-Blending Department Factory Overhead-Blending Department Feedback c. What is the 31 balance of the Overhead-Blending Department? Amount: Debit or Credit? Debit underapplied factory overhead? d. Does the balance in part (c) represent overapplied Underapplied factory overhead Feedback Feedback