Michael Company Uses Job-Order Costing Factory Overhead Costs Are Applied at 90% of Direct Labor

Michael Company uses job-order costing.The company has gathered the following data:
$\begin{array}{ll}\text { Direct materials purchased for cash } & \$ 60,000 \\\text { Direct materials requisitioned } & \$ 50,000 \\\text { Direct labor costs incurred } & \$ 90,000 \\\text { Factory overhead costs incurred } & \$ 60,000\\\text { Cost of goods completed }&\$180,000\\\text { Cost of goods sold }&\$170,000\\\text { Sales for cash }&\$300,000\\\text { Factory overhead applied }&?\end{array}$
Factory overhead costs are applied at 90% of direct labor costs.
Required:
A) Prepare the required journal entries for the above transactions.
B) Prepare the journal entry to dispose of the overhead variance using the immediate write-off method.