Antoine Machining estimated its manufacturing overhead to be $280,240 and its direct materials costs to be $452,000 in Year 1. Three of the jobs that Antoine Machining worked on in Year 1 had actual direct materials costs of $15,300 for Job AM002, $56,100 for Job AM005, and $71,400 for Job AM008. For Year 1, actual manufacturing overhead was $313,200 and total direct materials cost was $550,000. Manufacturing overhead is applied to jobs on the basis of direct materials costs using predetermined rates. Overhead applied in each of the inventory accounts is as follows Work-in-process inventory Finished goods inventory Cost of goods sold Required: $ 20,460 64,790 255,750 Prepare an entry to allocate the under- or overapplied overhead Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheet < A Record the allocation of over- or underapplied overhead. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Record entry Clear entry View general journal