Suppose you are a manager of a manufacturing department. Confirm your understanding of product costing in a job-order environment by indicating the transactions that occurred for each of the following journal entries. Which of these transactions' records actual costs versus cost estimates?

1. WIP inventory ........................ XXX Accrued payroll ......................... XXX 

2. WIP inventory ....................... XXX Factory department overhead control ...................... XXX 

3. Cost of goods sold .................. XXX Finished goods .......................... XXX