Atlas Company Operates Two Factories Company Applies Factory Overhead Jobs Basis Machine H Q17768282

Atlas Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours In Factory 1 and on the basis of direct labor hours In Factory Estimated factory overhead costs, direct labor hours, and machine hours are as follows: Determine the factory overhead rate for Factory 1. Determine the factory overhead rate for Factory 2. Determine the balances of the factory accounts for each factory as of June 30, and indicate whether the amounts represent over applied or under applied factory overhead.Show transcribed image text Atlas Company operates two factories. The company applies factory overhead to jobs on the basis of machine hours In Factory 1 and on the basis of direct labor hours In Factory Estimated factory overhead costs, direct labor hours, and machine hours are as follows: Determine the factory overhead rate for Factory 1. Determine the factory overhead rate for Factory 2. Determine the balances of the factory accounts for each factory as of June 30, and indicate whether the amounts represent over applied or under applied factory overhead.
 
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