Cavy Company estimates that total factory overhead costs will be $1,068,012 for the year. Direct labor hours are estimated to be 104,400. a. Determine the: 1. Predetermined factory overhead rate. Round your answer to the nearest cent. $ per direct labor hour 2. Amount of factory overhead applied to Job 456 if the amount of direct labor hours is 1,000 and Job 888 if the amount of direct labor hours is 3,200. Job 456 $ Job 888 $ b. Prepare the journal entry to apply factory overhead for April according to the predetermined overhead rate.

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year