Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $284,000 and machine hours to be 14,200 . Actual manufacturing overhead and machine hours were $317,000 and 15,200 , respectively. Required: 1. \& 2. Prepare the journal entries for actual and applied manufacturing overhead and transfer of manufacturing overhead account balance to cost of goods sold. Note: If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Journal entry worksheet Note: Enter debits before credits