U homent de 1991005 Click Submit to complete this assessment Ruestion 23 02 Schulz Corporation applies overhead based upon machine hours Budgeted factory overhead was $266 400 and budgeted machine how 8500 An daryo was $287,920 and actual machine-hours were 19.050. Before disposition of under overallocated overhead, the following information was wat Direct materials WIP Finished goods Cost of goods sold Account Balance $60,000 $190.000 $250,000 $560,000 Overhead Portion Sni 566,500 $75,000 $184,800 Required: a Determine the budgeted factory overhead rate per machine-hour b Compute the over/underallocated overhead c Prepare the journal entry to dispose of the variance using the write-off to cost of goods sold approach. The corporation uses Manufacturing Overhead Allocated and Manufacturing Overhead control accounts Arial 3 (12pt) ET T' T25 -- TTTT Paragraph XDQ @fr Mashups 16 IND Path O