Antoine Machining estimated its manufacturing overhead to be $290,160 and its direct materials costs to be $468,000 in Year 1. Three of the jobs that Antoine Machining worked on in Year 1 had actual direct materials costs of $17,700 for Job AM002, $64,900 for Job AM005 and $82,600 for Job AM008. For Year 1, actual manufacturing overhead was $314,800 and total direct materials cost was $630,000. 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: $ 23,436 74,214 292,950 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. Journal entry worksheet < A Record the allocation of over- or underapplied overhead. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit