Winston Company estimates that the factory overhead for the following year will be $844,800. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 35,200 hours. The total machine hours for the year were 54,600 hours. The actual factory overhead for the year was $1,329,000. Enter the amount as a positive number. a. Determine the total factory overhead amount applied.

Missing word "b. Calculate the over or under applied amount for the year. c.  Prepare the journal entry to close factory overhead into Cost of Goods Sold."

Predetermined Overhead Rate = $844,800 / 35,200

Predetermined Overhead Rate = $24 per machine hour

a. Total Factory Overhead Applied = $24 * 54,600 hours = $1,310,400

b. Under-applied Overhead = $1,329,000 - $1,310,400 = $18,600

c. Journal Entry

   Cost of Goods Sold Dr. $18,600

    To Manufacturing Overhead Cr. $18,600