Choose exercise (1-5) Mindo Company estimated that its factory overhead for 2019 would be $700.000 The factory overhead is applied using Direct Labor Hours Mindo estimated that it would use 100,000 Direct Labor Hours in 2019 The actual factory overhead in 2019 turned out to be $705 000 and the company actually used 101.000 direct labor hours What is the predetermined ovehead rate (POR O p er direct labor hour Factory Overhead What was the amount of the actual and applied overhead? 0 ' in the actual and applied overhead Was the overhead underapplied or overapplied? UNDERAPPLIED By how much? Show entry to close the Factory Overhead account GENERAL JOURNAL DEBIT CREDIT Factory Overhead closed