Southern Rim Parts estimates its manufacturing overhead t be $495,000 and its direct labor costs to be $900,000 tor year 1. The first there jobs that Southern Rim worked on had actual direct labor costs of $20,000 for Job 301, $30,000 for Job 302. and $40,000 for Job 303. For the year. actual manufacturing overhead was $479,000 and total direct labor cost was $850,000. Manufacturing overhead is applied to jobs on basis of direct labor costs during Predetermined rates. overhead applied in each of the inventory accounts is as follows: Required: Prepare an entry to allocate the under or overapplied overhead