Department 40The estimated total factory overhead cost and total machine hours for Department 40 for the current year are $225,000 and 56,250 respectively. During January, the first month of the current year, actual machine hours used totaled 5,100 and factory overhead cost incurred totaled $19,800.(a) Determine the factory overhead rate based on machine hours.(b) Present the entry to apply factory overhead to production in Department 40 for January.(c) What is the balance of Factory Overhead – Department 40 at January 31?(d) Does the balance of Factory Overhead – Department 40 at January 31 represent overapplied or underapplied factory overhead?