Applying Factory Overhead Jernigan Company estimates that total factory overhead costs will be $360,000 for the year. Direct labor hours are estimated to be 24,000. a. For Jernigan Company, determine the predetermined factory overhead rate using direct labor hours as the activity base. If required, round your answer to two decimal places. $fill in the blank dfa9f2ff5fef009_1 per direct labor hour b. During May, Jernigan Company accumulated 500 hours of direct labor costs on Job 200 and 890 hours on Job 305. Determine the amount of factory overhead applied to Jobs 200 and 305 in May. $fill in the blank dfa9f2ff5fef009_2 c. Prepare the journal entry to apply factory overhead to both jobs in May according to the predetermined overhead rate. If an amount box does not require an entry, leave it blank