Felix Corporation applies overhead based upon machine-hours. Budgeted factory overhead was $266,400 and budgeted machine-hours were 18,500. Actual factory overhead was $287,920 and actual machine-hours were 19,050. Before disposition of over- or underapplied overhead, the cost of goods sold was $560,000 and ending inventories were as follows:

Direct materials $60,000

Work in Process 190,000

Finished Goods 250,000

Required: a. Compute the amount of overhead applied to production. b. Prepare the journal entry to dispose of the over/under-applied overhead using the write-off to cost of goods sold approach. c. Prepare the journal entry to dispose of the over/under-applied overhead using the proration approach based on ending balances in the accounts.