A manufacturing company has total overhead expenses during August of 2015 of $86,000. The predetermined overhead rate for the company was determined at the first of the year to be $13 per direct labor hour. The company uses a single plantwide rate in applying overhead to the Work in Process inventory (WIP). During August, 2015, 6,200 hours of direct labor are placed in WIP. The ending balance in WIP at 08/31/15 is $14,200, in Finished Goods (FG) is $10,500, in Raw Materials (RM) is $6,500, and in Cost of Goods Sold (CGS) is $128,900. If management considers any over- or under-application of overhead to be material, the adjusting entry to the overhead account at 08/31/15 will contain

a debit to FG of $369. a debit to CGS of $4,532. a credit to CGS of $5,400. a credit to WIP of $499.