on Company estimates that total factory overhead for the following year will be $637,400. The company has decided that the basis for acclving factory overhead should be machine hours, which is mated to be 34,600 hours. The al machine hours for the year were 54,900 hours. The actual factory overhead for the year was $1,037,000. Determine the total factory overhead scold. When required, round your answ e nearest Compute the over- or underappled factory overhead for the year Enter the amount as a positive number Journalize the entry to close Factory Overhead to Cost of Goods Sold. If an amount box does not rule an entravek Previous