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 $355,104 and direct labor hours would be 49,100. Actual manufacturing overhead costs incurred were $318,000, and actual direct labor hours were 51,000. The journal entry to apply the factory overhead costs for the year would include a a debit to Factory Overhead for $318,000 b. credit to Factory Overhead for $355,100 c. credit to Factory Overhead for $368,730 d. debit to Factory Overhead for $368,730