Google Translate Cengage Question 1 50 pts Thompson Falls estimates that the factory overhead for the following year will be $1,250,000. The company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. The total machine hours for the year were 45,300. The actual factory overhead for the year was $1,384,800. *Note: Round to the nearest cent *You must provide calculations to receive credit. a. Compute the predetermined factory overhead rate. b. Determine the amount of factory overhead applied to Job 666 if the amount of machine hours hours is 650 and to Job 394 if the amount of machine hours hours is 570. c. Compute the over- or underapplied amount for the year. d. Journalize the entry to transfer the over- or underapplied factory overhead to cost of goods sold. HTML Editor B I VA A- IE 1 xX, E V GOTT 12pt HE Paragraph