A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs woul be $347,000 and direct labor hours would be 40,400 . Actual manufacturing overhead costs incurred were $320,100, and actual direct labor hours were 52,300 . The joumal entry to apply the factory overhead costs for the year would include a a. credit to Factory Overhead for $449,25 ? b. credit 1o Factory Overbead for $347,000 c. debit to Factory Overhead for \$320,100 d. debit to Factory Oneticad foe 5449,25