Carlson Corporation applies overhead based upon machine hours Budgets Factory overhead was 266400 and budgeb machine hours were 18500. Actural factory over head was 287920 and actual machine hour 19,050 Before disposition of over or undrapplied over head, the cost of goods sold was 560,000 and endling invefories were as follows: were Direct materials 60,000 WIP finish goods. Totul 190,000 250,000 500,000 @what is the predetermined overhead rate? compute the amount overhead applied to production? @IS MOH over or unde applied by how much? prepare the Journal entry to dispose of the over. underapplied overhead using the write off to cost of goods sold approch Prepare the Journal entry to dispose of the over/under applied overhead using proration approach