Bangor Company Applies Manufacturing Overhead What Is the Journal Entry If the Amount Is Considered

Bangor Company applies manufacturing overhead.At the end of the year the following data were available: $\begin{array}{|l|l|}\hline \text { Actual manufacturing overhead } & \$ 115,000 \\\hline \text { Estimated manufacturing overhead } & \$ 120,000 \\\hline \text { Applied manufacturing overhead } & \$ 118,000 \\\hline\end{array}$ What is the journal entry if the amount is considered small?

A) $\begin{array}{c}\text { Manufacturing Overhead } &\$ 3,000 \\\text { Cost of Goods Sold }&&\$ 3,000\end{array}$
B) $\begin{array}{c}\text { Manufacturing Overhead } &\$ 5,000 \\\text { Cost of Goods Sold }&&\$ 5,000\end{array}$
C) $\begin{array}{ccc}\text { Cost of Goods Sold } & \$ 2,000 & \\\text { Manufacturing Overhead } && \$ 2,000\end{array}$
D) $\begin{array}{ccc}\text { Cost of Goods Sold } & \$ 3,000 & \\\text { Manufacturing Overhead } && \$ 3,000\end{array}$