At the end of the accounting period, Chastain Company had overapplied overhead by $4,000. The journal entry to record this transaction is debit Manufacturing Overhead $4,000; credit Cost of Goods Sold $4,000 debit Cost of Goods Sold $4,000; credit Manufacturing Overhead $4,000 debit Manufacturing Overhead $4,000; credit Accounts Payable $4,000 debit Accounts Payable $4,000; credit Manufacturing Overhead $4,000