A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $346,100 and direct labor hours would be 42,800. Actual manufacturing overhead costs incurred were $315,700, and actual direct labor hours were 53,300. The entry to apply the factory overhead costs for the year would include a Oa. a. debit to Factory Overhead for $431,197 Ob. debit to Factory Overhead for $315,700 Oc. credit to Factory Overhead for $431,197 Od. credit to Factory Overhead for $346,100