Estmitated made for a production department of the automate company for the month of Oct:

Budget factory overhead for worked hour $17360

Estimated direct labor 3100

Factory overhead is applied on the basis of direct labor hours. On Oct 31, the record show:

Acutal overhead $18,625

Applied factory overhead 19,180

Questions:

Prepare the entry or entries to close out the two factory overhead account balances to set up the overapplied or underaplied factory overhead, and to close the balance in under or overapplied factory overhead to cost of goods sold?