It was year-end and time for the Skysong Co. accountant to address its MOH costs. Throughout the year, the company incurred actual MOH costs of $244,000. Its budgeted MOH costs were very close to this, at $232,000. Using a budgeted MOH rate of $1.50 per direct labor dollar, the company applied MOH cost to production after recognizing $143,500 in direct labor cost. Determine whether MOH was under- or overapplied this year and by how much. Skysong Co. had its MOH cost this year by $ Record the journal entry to write off this difference directly to Cost of Goods Sold. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.) Feeling so relieved that he finally finished the chainsaw carving of a bear in red oak for his customer, Donald sat down to figure out what it really cost him to make this delicate piece of art. He paid $140 for the log but only used half of it for this project (he will use the other half in another project), and it took him 21 hours to carve this beauty. Donald's hourly rate is $29, and his budgeted MOH rate is $9/ hour to cover the cost of the chainsaw, torches for getting just the right color on the carving, and other power and supply costs. What is Donald's total cost for carving this bear? Total cost $