Linzee Liners estimates that its manufacturing overhead will be $1,768,700 in Year 1. It further estimates that direct labor costs will amount to $769,000. During March, Linzee worked on four jobs with actual direct labor costs of $36,900 for Job 0301, $24,400 for Job 0302, $33,900 for Job 0303, and $17,900 for Job 0304. Actual manufacturing overhead costs for the year were $1,757,500. Actual direct labor costs for the year were $754,000. 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 Finished goods inventory cost of goods sold $34,684 $277,472 $1,422,044 Required: Prepare an entry to allocate the over-or under applied overhead