Amandacturing company applies factory overhead based on direct labor hours. At the beginning of the year, estimated that factory overhead costs would be $340,600 and direct labor hours would be 44,700. Actual manufacturing overhead costs incurred were $311,500, and actual direct labor hours were 51,700. The journal entry to apply the factory overhead costs for the year would include a O debit to Factory Overhead for 3311,500 Ob. debit to Factory Overhead for $393,954 Occredit to Factory Overhead for $340,600 d. credit to Factory Overhead for $393.954 @eloz O Home End Pgup Poon VY 10 $ A 9 5 & 7 4 6 8 9 0 a R T Y U o F G L H L K ? V B N M The cost of production of completed and transferred goods during the period amounted to $540,000, and the finished products shipped to customers had total production costs of $375,000. The journal entry to record the transfer of costs from work in process to finished goods is Finished Goods 375,000 Work in Process 375.000 O Finished Goods 540,000 Work in Process 540,000 560,000 540,000 Finished Goods d. Work in Process Finished Goods 375,000 375,000 pomeloz O 9 / Prison FT Home End Poup Pg A $ 4 96 5 & 7 6 8 9 0 R T o Y U P F G H K L ? V B N M