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.

income statement is prepared in order to show the profits and loss of a business. in order to prepare the income statement she should collect all the income and expenses of the product with the cost of production.

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!