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 $327,500 and direct labor hours would be 48,900. Actual manufacturing overhead costs incurred were $305,700, and actual direct labor hours were 50,900. The journal entry to apply the factory overhead costs for the year would indode a Oa. credit to Factory Overhead for $341,030 Ob, debt to Factory Overhead for $341,030 Oc debit to Factory Overbead for 5305.700 Od. ce to Factory Overhead for $327.500