The Winston Company estimates that the factory overhead for the following year will be $1,326,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 39,000 hours. The total machine hours for the year was 54,900. The actual factory overhead for the year was $1,855,000.

a. Determine the total factory overhead amount applied. (Round to the nearest dollar.) $

b. Calculate the over- or underapplied amount for the year. Enter the amount as a positive number. $

c. Prepare the journal entry to close factory overhead into Cost of Goods Sold.