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Required information [The following information applies to the questions displayed below] Bunnell Corporation is a manufacturer that uses job-order costing. On January 1 , the company's inventory balances were as follows: The company applies overhead cost to jobs using direct labor-hours. For this year, the company's predetermined overhead rate of $12.25 per direct labor-hour was based on a cost formula that estimated $490,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded this year- a. Raw materials were purchased on account, $690,000. b. Raw materials used in production, $660,000. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor, $440,000, indirect labor, $150,000; selling and administrative salaries, $260,000. d. Incurred various seling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing). $462,000. e. Incurred various manufacturing overhead costs (e.g, depreciation, insurance, and utilities), $340,000 f Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year 9. Jobs costing $1,542,950 to manufacture according to their job cost sheets were completed during the year. h. Jobs were sold on account to customers during the year for a total of $3,172,500. The jobs cost $1,552,950 to manufacture according to their job cost sheets What is the journal entry to record the transfer of completed jobs referred to in item g above? Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field