Check my work 15 points Aspen Company estimates its manufacturing overhead to be $516,000 and its direct labor costs to be $516,000 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 $205,125 Job 2-2, which was completed, but not sold at the end of the year had actual direct labor costs of $467,685. Job 2-3, which is still in work-in-process inventory, had actual direct labor costs of $147.690. Actual manufacturing overhead for year 2 was $806,300. 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) Debit Credit View transaction list View journal entry worksheet No Transaction General Journal A Cost of goods sold Finished goods inventory Work-in-process inventory Manufacturing overhead control