management accounting

A company allocates overhead at a rote of 160% of direct labor cost. Actual overheed cost for the current period is $1,060.000. and direct labor cost is $570,000. Determine whether there is over-or underapplied overhead using the T-account below. Prepore the entry to close over-or underapplied overhead to cost of goods soid. Journal entry worksheet Recerd the entry to close over- or underapplied overhead