[The following information applies to the questions displayed below. Bunnell Corporation is a manufacturer that uses job order costing. On January 1, the company's inventory balances were as follows: Raw materials $ 40,000 Work in proces $ 18,000 Tinished goods $ 35,000 The company applies overhead cost to jobs on the basis of direct labor hours. For the current year, the company's predetermined overhead rate of $16.25 per direct labor-hour was based on a cost formula that estimated $650,000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Row materials were purchased on account, $510,000 b. Raw materials used in production, $480,000. All of of the raw materials were used as direct materials, c. The following costs were accrued for employce services direct labor $600,000; Indirect labor $150,000; selling and administrative salaries, $240,000 a. Incurred various selling and administrative expenses (eg, advertising, sales travel costs, and finished goods warehousing) $367,000 Incurred various manufacturing overhead costs (eg depreciation, insurance, and utilities), $500,000, Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor hours on all jobs during the year. Jobs costing $1680,000 to manufacture according to their job cost shoots were completed during the year. h. Jobs were sold on account to customers during the year for a total of $2,800,000. The jobs cost $1,690,000 to 6. What is the journal entry to record the transfer of completed jobs that is referred to in item g above? (If no entry is required for transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet