Thaisom Company applies manufacturing overhead. At the end of the year the following data were available: Actual Manufacturing Overhead Estimated Manufacturing Overhead Applied Manufacturing Overhead $115,000 $120.000 $118,000 What is the journal entry if the amount of under-or over-applied overhead is considered small? Cost of Goods Sold $5,000 Manufacturing Overhead $5,000 Cost of Goods Sold $3,000 Manufacturing Overhead $3,000 Cost of Goods Sold $2,000 Manufacturing Overhead $2,000 $5,000 Manufacturing Overhead Cost of Goods Sold $5,000 Cost of Goods Sold $5,000 Manufacturing Overhead $5,000 Cost of Goods Sold $2 $3,000 Manufacturing Overhead $3,000 Cost of Goods Sold $2,000 Manufacturing Overhead $2,000 Manufacturing Overhead $5,000 Cost of Goods Sold $5,000 Manufacturing Overhead $3,000 Cost of Goods Sold $3,000