A carpenter company uses job-order costing. The following is a summary of factory operations:

Direct materials purchased on account	$125,000
Direct materials requisitioned	$110,000
Direct labor costs incurred	$256,000
Factory Overhead costs incurred (Depreciation Expense only)	$150,000
Cost of goods completed	$515,000
Cost of goods sold	$378,000
Sales on Account	$430,000
Factory overhead applied	?

Factory overhead costs are applied at 50% of direct labor costs.

Required:

1. Prepare the journal entry to dispose of the overhead variance using the immediate write-off method.

2. What is the actual, correct amount of cost of goods sold?

Show steps how you get the answer for #2 please!