3.50 points TB MC Qu. 2-75 Manufacturing overhead was estimated to be... Manufacturing overhead was estimated to be $426,300 for the year along with 20,300 direct labor hours. Actual manufacturing overhead was $440,000, and actual labor hours were 21,500. To dispose of the balance in the Manufacturing Overhead account, which of the following would be correct? Cost of Goods Sold would be debited for $13,700 Cost of Goods Sold would be debited for $11,500 Cost of Goods Sold would be credited for $13,700 Cost of Goods Sold would be credited for $11,500o