treated as a separate job. Overhead is applied to each job based on the number of decorator hours incurred. Listed below are data for the current year.

Estimated overhead costs

Actual overhead costs

Estimated decorator hours

Actual decorator hours

$827,200

$845,154

37,600

38,070

The company uses the account Operating Overhead in place of Manufacturing Overhead, and the account Service Contracts in Process in place of Work in Process Inventory.

Prepare the entry to apply the overhead for the year. (List all debit entries before credit entries. Credit account titles are outomatically indented when amount is entered. Do not indent manually.)