KidzToys Manufacturing applies overhead based upon machine$-$hours. The company reported the following

information in $2020$:

Before disposition of under$/$overapplied overhead, the cost of goods sold was $$849,000$ and ending

inventories were as follows:

Required:

a$.$ Determine the budgeted factory overhead rate per machine$-$hour. $(2$ points$)$

b$.$ Compute the over$/$underapplied overhead. $(3$ points$)$

c$.$ Prepare the journal entry to dispose of the variance using the write$-$off to cost of goods sold approach. $(2$

points$)$

d$.$ Prepare the journal entry to dispose of the variance using the proration approach. $(3$ points$)$