Marian Manufacturing (2M) applies manufacturing overhead to jobs based on direct labor costs. For Year 2, 2M estimates its manufacturing overhead to be $424,060 and its direct labor costs to be $815,500.2M worked on three jobs for the year. Job 2M1. which was sold during Year 2 , had actual direct labor costs of $632.500. Job 2M2, which was completed but not sold at the end of the year, had actual direct labor costs of $425,500, Job 2M3, which is still in work-in-process inventory, had actual direct labor costs of $92,000, Actual manufacturing overhead for Year 2 was $632,400. Required: Prepare an entry to allocate over-or underapplied overhead to Work in Process, Finished Goods and Cost of Goods Sold. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field