Regina Company has the following balances in its overhead accounts at the end of the year: Manufacturing Overhead, Control $ 486,000 Manufacturing Overhead Allocated 480,000 The balance of several other accounts at year end are as follows: Materials, Control $ 20,000 Work in Process Control 68,000 Finished Goods Control 50,000 Cost of Goods Sold 1.200.000 Sales 2,000,000 Required: 1. Calculate the amount of over- or under-allocated manufacturing overhead, and prorate that amount using the ending balances of the appropriate accounts from above. 2. Prepare the journal entry to close the overhead accounts including your proration of the over- or under-allocated overhead from requirement #1