A predetermined overhead rate was used resulting in total overhead applied as $150,000. Actual overhead expenses incurred for the period were $155,000. Which of the following entries are appropriate for handling the variance? Debit Cost of Goods Sold for $5,000 and Credit Manufacturing Overhead for $5,000 Debit Manufacturing Overhead for $5,000 and Credit Cost of Goods Sold for $5,000 Debit Work in Process for $5,000 and Credit Manufacturing Overhead for $5,000 Debit Manufacturing Overhead for $5,000 and Credit Work in Process for $5,000