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Winston Compamy estimates that total factory overhead for the following year wilf be $680,200. The company has decided that the basis for applyling factory overhead

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Winston Compamy estimates that total factory overhead for the following year wilf be $680,200. The company has decided that the basis for applyling factory overhead should be machine hours; which is ostimated to be 35,800 hours. The total actual machine hours for the year were 54,100 hours, The actiual factory overhead for the year was $1,042,000. Enter the amount as a positive number. a. Determine the total factory overhead applied during the year. b. Compute the over-or underapplied factory overhead for the year. c. Journaiize the entry to ciose Factory Overhead to Cost of Goods Sold. If an amount box does not require an entry, leave it blank

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