A manufacturer estimates total factory overhead costs of $4,740,000 and total direct labor costs of $2,370,000 for its first year of operations. During January, the company used $117,000 of direct labor cost in its Blending department and $92,000 of direct labor cost in its Bottling department. The company computes its predetermined overhead rate as a percentage of direct labor cost. Which of the following is the correct journal entry to apply factory overhead to the Blending and Bottling departments. Multiple Choice Debit Work in Process Inventory $209,000; credit Factory Overhead $209,000. Debit Work in Process Inventory-Blending $234,000; debit Work in Process Inventory-Bottling $184,000; credit Factory Overhead $418,000. Debit Work in Process Inventory $418,000; credit Factory Overhead $418,000. Debit Work in Process Inventory-Blending $117,000; debit Work in Process Inventory-Bottling $92,000; credit Factory Overhead $209,000. Debit Work in Process Inventory-Blending $234,000; debit Work in Process Inventory-Bottling $184,000; credit Factory Wages Payable $418,000