Calculate the overapplied or underapplied overhead for the year and Prepare a journal entry to close out the Manufacturing Overhead account into Cost of Goods Sold

The following information pertains to Paramus Metal Works for the year just ended.

Budgeted direct-labor cost: 75,000 hours (practical capacity) at $16 per hour
Actual direct-labor cost: 80,000 hours at $17.50 per hour
Budgeted manufacturing overhead: $997,500
Budgeted selling and administrative expenses: $435,000
Actual manufacturing overhead:
Depreciation	$	233,000
Property taxes		22,000
Indirect labor		82,000
Supervisory salaries		201,000
Utilities		57,000
Insurance		32,000
Rental of space		302,000
Indirect material (see data below)		79,000
Indirect material:
Beginning inventory, January 1		47,000
Purchases during the year		95,000
Ending inventory, December 31		63,000

I calculated the cost driver is 13.30 , can someone help me with the following-

1. Calculate the overapplied or underapplied overhead for the yea

2.

Prepare a journal entry to close out the Manufacturing Overhead account into Cost of Goods Sold

Thank you!!!