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Bunnell Corporation is a manufacturer that uses job$-$order costing. On January $1,$ the company$$s inventory balances were as follows:

Raw materials $ $74,000$

Work in process $ $31,800$

Finished goods $ $52,200$

The company applies overhead cost to jobs using direct labor$-$hours. For this year, the company$$s predetermined overhead rate of $$14\mathrm{.}50$ per direct labor$-$hour was based on a cost formula that estimated $$580,000$ of total manufacturing overhead for an estimated activity level of $40,000$ direct labor$-$hours. The following transactions were recorded this year:

Raw materials were purchased on account, $$690,000.$

Raw materials used in production, $$641,800.$ All of of the raw materials were used as direct materials.

The following costs were accrued for employee services: direct labor, $$530,000$; indirect labor, $$150,000$; selling and administrative salaries, $$308,000.$

Incurred various selling and administrative expenses $($e$.$g$.,$ advertising, sales travel costs, and finished goods warehousing$),$ $$457,000.$

Incurred various manufacturing overhead costs $($e$.$g$.,$ depreciation, insurance, and utilities$),$ $$430,000.$

Manufacturing overhead cost was applied to production. The company actually worked $41,000$ direct labor$-$hours on all jobs during the year.

Jobs costing $$1,703,300$ to manufacture according to their job cost sheets were completed during the year.

Jobs were sold on account to customers during the year for a total of $$3,510,000.$ The jobs cost $$1,713,300$ to manufacture according to their job cost sheets.

$3.$ What is the journal entry to record the labor costs for this year?

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

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