ex. 2 Swirl Company estimates the total factorty overhead for the year will be $4,000,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 80,000 hours. The acutal machine hours for January for all of the jobs was 3,800 . If the actual factory overhead totaled, $186,200

. A: Determine the total factory overhead applied during the month.

B: Compute the over- or underapplied factory overhead for the month.

C: Journalize the entry to close Factory Overhead to Cost of Goods Sold.