A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the...

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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 $347,400 and direct labor hours would be 48,300. Actual manufacturing overhead costs incurred were $305,200, and actual direct labor hours were 52,700. The journal entry to apply the factory overhead costs for the year would include a Oa. credit to Factory Overhead for $347,400 Ob. debit to Factory Overhead for $305,200 Oc. debit to Factory Overhead for $378,913 Od. credit to Factory Overhead for $378,913 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 $347,400 and direct labor hours would be 48,300. Actual manufacturing overhead costs incurred were $305,200, and actual direct labor hours were 52,700. The journal entry to apply the factory overhead costs for the year would include a Oa. credit to Factory Overhead for $347,400 Ob. debit to Factory Overhead for $305,200 Oc. debit to Factory Overhead for $378,913 Od. credit to Factory Overhead for $378,913