Required: Prepare an entry to allocate the under- or overapplied overhead. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Antoine Machining estimated its manufacturing overhead to be $288,920 and its direct materials costs to be $466,000 in Year 1 . Three of the jobs that Antoine Machining worked on in Year 1 had actual direct materials costs of $17,400 for Job AM002, $63,800 for Job AM005, and $81,200 for Job AM008. For Year 1, actual manufacturing overhead was $314,600 and total direct materials cost was $620,000. Manufacturing overhead is applied to jobs on the basis of direct materials costs using predetermined rates. Overhead applied in each of the inventory accounts is as follows: Required: Prepare an entry to allocate the under- or overapplied overhead. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field