ABC Company applies overhead based on direct labor costs. For the current year, ABC Company estimated total overhead costs to be $420,000, and direct labor costs to be $2,100,000 Actual overhead costs for the year totaled $395,000, and actual direct labor costs totaled $1,850,000 At year-end, the balance in the Factory Overhead account is a Mutiple Choice $420,000 Credit balance $395.000 Debit balance $25,000 Credt balance $25.000 Debit balance $370.000