Winston Company estimates that the factory overhead for the following year will be $500,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 25,000 hours. The total machine hours for the year were 54,200 hours. The actual factory overhead for the year was $1,099,000. Enter the amount as a positive number.

a. Determine the total factory overhead amount applied. Round to the nearest dollar. $fill in the blank d9d90fff5fddfa4_1

b. Compute the over- or underapplied amount for the year. $fill in the blank d9d90fff5fddfa4_2 overapplied

c. Journalize the entry to transfer the over- or underapplied factory overhead to cost of goods sold. If an amount box does not require an entry, leave it blank.

		fill in the blank 14431df60fd2ffe_2	fill in the blank 14431df60fd2ffe_3
		fill in the blank 14431df60fd2ffe_5	fill in the blank 14431df60fd2ffe_6