Iolaus Company Provides the Following Data for the Current Year

Iolaus Company provides the following data for the current year:
$\begin{array}{llr} \text { Estimated factory overhead } &\$7,800\\ \text {Factory overhead incurred } &11,400\\ \text { Factory overhead applied} &?\\ \text {Estimated direct labor cost } &12,000\\ \text { Direct labor cost incurred } &11,800\\\end{array}$

Required:
(a) Calculate the predetermined overhead allocation rate based on direct labor.
(b) Determine the amount of overhead applied to production.
(c) Prepare the journal entry to apply factory overhead to goods in process.