Sandhill Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $330,000 for the year, and machine usage is estimated at 150,000 hours. For the ybar, $386,400 of overhead costs are incurred, and 156,000 hours are used, Prepare the adjusting entry to assign the under-or overapplied overhead for the year to cos before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation