Assume the company over-allocated overhead of $2,000. Create the journal entry to dispose of this over-allocation. Please show all steps/workings for me to understand. The correct answer for this question is :

Cost of Goods Sold DR 32,200

Manufacturing Overhead CR 32,200

Please explain. Thank you

145. Brooklyn Inc. is a manufacturing firm that uses job-order costing. During the month, the following transactions occurred: a. Purchased raw materials for $120,000 on account. b. Used materials of $130,000 in the production process. Of this amount, $125,000 was considered direct materials. c. Incurred labor costs of $252,000 in the factory. The factory supervisor salary was $70,000; the remainder related to the production line workers assembling the product. The accountant set up an accrual for the amount owing to employees. d. Monthly amortization on the factory equipment totaled $10,000. e. Other factory wages were incurred relating to the security and janitorial personnel. These salaries totaled $20,000 which were accrued by the accountant. f. The accountant allocated overhead for the month. The company uses a normal costing system and allocates overhead based on direct labor cost. At the start of the year, the company had estimated total overhead of $560,000 and direct labor hours of 100,000. The company's direct labor rate per hour is $14.00 g. The company's cost of goods manufactured for the month was 425,000. h. The company had total sales on account of $850,000, the cost of these products was $435,000. The company started the month with the following balances in inventory: Raw Materials Work In Process Finished Goods $40,000 100,000 50,000