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

Direct materials purchased on account $125,000.00

Direct materials requisitioned $110,000.00

Direct labor costs incurred $256,000.00

Factory Overhead costs incurred (Depreciation Expense only) $150,000.00

Cost of goods completed $515,000.00

Cost of goods sold $$378,000.00

Sales on Account $430,000.00

Factory overhead applied ?

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

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