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On March 31, 2017, Alpha Corporation recorded the following factory overhead costs incurred:
Factory Manager Salary $7,000
Factory Utilities 2,000
Machinery Deprecation 11,000
Machinery Repairs 2,500
Factory Insurance (prepaid) 1,000
Problem 1: The overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that $21,000 would be incurred, and 10,000 direct labor hours would be worked. During March, 7,100 hours were actually worked on Job Order A-2 and 3,000 hours were actually worked on Job Order A-3. Use this information to prepare the March 31 General Journal entry to record the factory overhead costs. (round any final dollar answers to the nearest whole dollar)
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