For 2021 Quinn Company budgets its overhead at $1,750,000. It also budgets its direct labor hours at 175,000 hours. For 2021 Quinn actually incurred overhead of $1,700,000 and actually used 170,000 direct labor hours. Required: a. Determine the predetermined factory overhead allocation rate. b. Prepare the journal entry for the actual factory overhead incurred. C. Prepare the journal entry for factory overhead allocated d. Was factory overhead over or under allocated? e. Prepare the journal entry to close out factory overhead control and factory overhead allocated and the over or under allocated factory overhead. Use cost of goods sold