B D THIS SHEET NOT DONE YET When you are finished with this exercises, change the status to "DONE ALT-OVER-UNDERAPPLIED Crain Company estimated that its factory overhead for 2019 would be $850,000. The factory overhead is applied using Direct Labor Hours. Crain estimated that it would use 50,000 Direct Labor Hours in 2019. The actual factory overhead in 2019 turned out to be $843,000 and the company actually used 49,500 direct labor hours. What is the predetermined ove head rate (POR)? 17 per direct labor hour. b. What was the amount of the actual and applied overhead? Factory Overhead 841500 843000 Fill in the actual and app! C. Was the overhead underapplied or overapplied? UNDERAPPLIED d. By how much? 1500 e. Show entry to close the Factory Overhead account. DEBIT CREDIT GENERAL JOURNAL COST OF GOODS SOLD Choose Account: CASH ACCOUNTS RECEIVABLE RAW MATERIALS WORK IN PROCESS FINISHED GOODS FACTORY OVERHEAD ACCOUNTS PAYABLE SALES COST OF GOODS SOLD