Instruction Winston Company times that the factory overhead for the folowing your wil be $33.900. The company has decided the basis for applying factory overhead should be machine hours, which is estimated to be 2.0 hours. The machine hours for the you were 54.000 hours. The actual factory overhead for the yow was $1,007,000 Required: a. Determine the total factory overhead amount applied b. Compute the overcplied or under applied amount for the your Entwiam sa postele Prepare the journal entry to close Factory Overhead Pro Cost of Goods Soul, Peter to the chat of accounts for the exact worting of accountles. CNOW jumals do not use lines for poser um plano very on a journal pago e del credit entre Dorot add explorator or pain between jumal eneries. CNOW as will alcalindent a creditory when a crude action Chart of Accounts Factory Overhead x Xpplying factory overh. a. Determine the total factory overhead amount applied. Total factory overhead applied $ the b. Compute the overapplied or underapplied amount for the year. Enter the amount as a positive value. edir credit Factory overhead by s underapplied overapplied c. Prepare the journal entry to close Factory Overhead into cost of Goods sold on December 31. Refer to the charf of accounts for the exact wording of the accountles. CNOW on a journal page is used for debit or credit entries. Do not add explanations or skip a line between journal entries. CNOW journals will automaticaly Indent a credit entry when a cm PAGE 1 JOURNAL DATE DESCRIPTION POST. REF DEBIT CREDIT 1 2