Linzee Liners estimates that its manufacturing overhead will be $$1,745,700$ in Year $1.$ It further estimates that direct labor costs will amount to $$759,000.$ During March, Linzee worked on four jobs with actual direct labor costs of $$35,900$ for Job $0301,$ $$23,400$ for Job $0302,$ $$32,900$ for Job $0303,$ and $$16,900$ for Job $0304.$ Actual manufacturing overhead costs for the year were $$1,732,500.$ Actual direct labor costs for the year were $$744,000.$ Manufacturing overhead is applied to jobs based on direct labor costs using predetermined rates.

The amount of overhead applied in each of the inventory accounts at the end of Year $1$ is as follows.

Work$-$in$-$process inventory $ $34,224$

Finished goods inventory $ $273,792$

Cost of goods sold $ $1,403,184$

Required:

Prepare an entry to allocate the over$-$ or underapplied overhead.