Burnell Corporation is a manufacturer that uses job-order costing. On Januaryt the company's inventory balances were as follows: $74,000 Raw materials Work in process Pinished goods $31,800 $52,200 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $14.50 per direct labor-hour was based on a cost formula that estimated $580,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor hours. The following transactions were recorded for the year: a. Raw materials were purchased on account, $690,000. b. Raw materials used in production, $641,800. All of of the raw materials were used as direct materials c. The following costs were accrued for employee services: direct labor, $530,000; indirect labor, $150,000 selling and administrative salaries, $308,000. d. Incurred various selling and administrative expenses (e.g. advertising, sales travel costs, and finished goods warehousing). $457,000. e incurred various manufacturing overhead costs leg. depreciation Insurance, and uttes $430,000 f. Manufacturing overhead cost was applied to production. The company actually worked 41000 direct labor-hours on all jobs during the year 0. Jobs costing $1703,300 to manufacture according to their job cost sheets were completed during the year, h. Jobs were sold on account to customers during the year for a total of $3,510,000. The jobs cost $1713,300 to manufacture according to their job cost sheets. 11. What is the journal entry to record the cost of goods sold referred to in item habove? (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 Record the cost of goods sold to the customer. Note: Enter debits before credits. Transaction General Journal General Debit Credit Record entry Clear entry View general journal