At December $31,$ Wildhorse Company reported the following balances in its accounts:

Cost of Goods Sold

$$273,000$

Finished Goods Inventory

$39,000$

The company's balance in its Manufacturing Overhead account at the same date was a debit of $$3,640.$

Prepare the entry to adjust the over$-$or underapplied overhead amount at December $31.($Credit account titles are

automatically indented when the amount is entered. Do not indent manually. Lisirall debit entries before credit

entries.$)$

Account Titles and Explanation

Debit

CreditAt December $31,$ Wildhorse Company reported the following balances in its accounts:

Cost of Goods Sold

$$273,000$

Finished Goods Inventory

$39,000$

The company's balance in its Manufacturing Overhead account at the same date was a debit of $$3,640.$

Prepare the entry to adjust the over$-$ or underapplied overhead amount at December $31$