QS 19-19 (Algo) Computing and recording over- or underapplied overhead LO P4 A company's Factory Overhead account shows total debits of $675.000 and total credits of $698.700 at the end of the yea 1. Compute the under-or overapplied overhead 2. Prepare the journal entry to close the balance in the Factory Overhead account to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Compute the under- or overapplied overhead. Complete this question by entering your answers in the tabs below. Prepare the journal entry to close the balance in the Factory Overhead account to Cost of Goods Sold. Journal entry worksheet Record the entry to cose the balance in the Factory Overhead account. Wote: Enter debits before credits