Aspen Company estimates its manufacturing overhead to be $638,750 and its direct labor costs to be $511,000 for year 2. Aspen worked on three jobs for the year. Job 2-1, which was sold during year 2, had actual direct labor costs of $163,600. Job 2-2, which was completed, but not sold at the end of the year, had actual direct labor costs of $340,288. Job 2-3, which is still in work-in-process inventory, had actual direct labor costs of $150,512. Actual manufacturing overhead for year 2 was $804,300. Manufacturing overhead is applied on the basis of direct labor costs. Required: Prepare an entry to allocate over- or underapplied overhead to Work in Process, Finished Goods and Cost of Goods Sold. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) No Transaction General Journal Debit Credit A 1 x 13,700 X Manufacturing overhead control Work-in-process inventory Finished goods inventory Cost of goods sold 3,151 7,124 3,425