Winston Company estimates that total factory overhead for the following year will be $668,800. The company has decided that the basis for applying factory overhead should be machine hours, which are estimated to be 30,400 hours. The total machine hours for the year were 54,800 . The actual factory overhead for the year was $1,198,000. a. Determine the total factory overhead applied. Round to the nearest dollar. b. Compute the over- or underapplied factory overhead for the year. c. Joumalize 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