Winston Company estimates that total factory overhead for the following year will be $1,347,500. The company has decided that the basis for applying factory overhead should be machine hours, which are estimated to be 38,500 hours. The actual total machine hours for the year were 54,300 hours. The actual factory overhead for the year was $1,927,000. Enter the amount as a positive number. a. Determine the total factory overhead applied. Round to the nearest dollar. b. Compute the over- or underapplied factory overhead for the year. 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.

Thomlin Company forecasts that total overhead for the current year will be $15,210,000 with 169,000 total machine hours. Year to date, the actual overhead is $9,110,500, and the actual machine hours are 95,900 hours. If Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is Oa. $479,500 overapplied Ob. $479,500 underapplied c. $365,500 overapplied Od. $365,500 underapplied

Harris Fabrics computes its plantwide predetermined overhead rate annually on the basis of direct labor - hours. At the beginning of the year, it estimated that 29, 000 direct labor-hours would be required for the period's estimated level of production. The company also estimated $576,000 of fixed manufacturing overhead cost for the coming period and variable manufacturing overhead of $2.00 per direct labor - hour. Harris's actual manufacturing overhead cost for the year was $695,081 and its actual total direct labor was 29, 500 hours. Required: Compute the company's plantwide predetermined overhead rate for the year. (Round your answer to 2 decimal places.)

The cost accountant for Kenner Beverage Co. estimated that total factory overhead cost for the Blending Department for the coming fiscal year beginning May 1 would be $765,700, and total direct labor costs would be $589,000. During May, the actual direct labor cost totaled $51,000, and factory overhead cost incurred totaled $68,950. A)What is the predetermined factory overhead rate based on direct labor cost? Enter your answer as a whole percent not in decimals. b) Journalize the entry to apply factory overhead to production for May.   Work in Process-Blending Department        Factory Overhead-Blending Department  C) What is the May 31 balance of the account Factory Overhead—Blending Department? Amount: