Washtenaw Corporation uses a job-order costing system. The following data is for last year:

Estimated direct labor hours 12,000 hours

Estimated manufacturing overhead costs. $39,000

Actual direct labor hours.. 11,000 hours

Actual manufacturing overhead costs.. $37,000

Washtenaw applies overhead using a predetermined overhead rate based on direct labor hours.

In preparing the journal entry to close out manufacturing overhead:

1. What is the Debit ?

2. What is the Credit?

3. What is the Amount?