Estimated factory overhead cost for fiscal year beginning august 1 $871,660 $786,000 estimated direct labor hours for year 13,100 estimated machine hours for year 21,260 actual factory overhead costs for august $69,760 $67,970 actual direct labor hours for august 1,180 actual machine hours for august 1,660 a. determine the factory overhead rate for factory 1. $ per machine hour b. determine the factory overhead rate for factory 2. $ 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 1 factory 2 d. determine the balances of the factory overhead accounts for each factory as of august 31, and indicate whether the amounts represent overapplied factory overhead or underapplied factory overhead. factory 1 $ factory 2 $