Question: amswer asap please i need help A company allocates overhead at a rate of 160% of direct labor cost. Actual overhead cost for the current

amswer asap please i need help

A company allocates overhead at a rate of 160% of direct labor cost. Actual overhead cost for the current period is $1,130,000, and direct labor cost is $565,000. Determine whether there is over- or underapplied overhead using the T-account below. Prepare the entry to close over- or underapplied overhead to cost of goods sold

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