Please answer in similar format and show work

Given Data for Excel Lab 2 This company applies manufacturing overhead on the basis of machine-hours. Below is information for the most recently completed year of operations. Clean Energy Products Manufacturing, Inc. Estimated total manufacturing overhead cost Estimated total amount of allocation base $ 550,000 50,000 machine-hours Actual total manufacturing overhead cost Actual total machine-hours $ 565,000 52,000 Clean Energy Products Manufacturing, Inc. Manufacturing Overhead Report For the year ended Dec. 31, 2020 Computation of Predetermined Overhead Rate (POHR): Predetermined overhead rate: per machine-hour Computation of Underapplied or Overapplied Manufacturing Overhead: Actual total manufacturing overhead cost: Total manufacturing overhead applied to Work in Process during the year: Amount of underapplied (or overapplied) manufacturing overhead Was overhead underapplied or overapplied? Assume the company closes any balance in the Manufacturing Overhead account to Cost of Goods Sold. What journal entry should be made to close the Manufacturing Overhead account? Note: "Correct" indicator only applies to the AMOUNT, not the accounts. See Chapter 3 PowerPoint slide 44