Winston Company estimates that the factory overhead for the following year will be $1,002,400. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 35,800 hours. The total machine hours for the year were 54,700 hours. The actual factory overhead for the year was $1,553,000. Enter the amount as a positive number. a. Determine the total factory overhead amount applied. $fill in the blank fbfc5efc7011fd5_1 b. Calculate the over- or underapplied amount for the year. $fill in the blank fbfc5efc7011fd5_2 c. Prepare the journal entry to close factory overhead into Cost of Goods Sold. fill in the blank 7a0c36facfbcfce_2 fill in the blank 7a0c36facfbcfce_4
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