Bad Debt Expense Interest Expense Question 3 Greensdale Engineering, Inc. has decided that direct labor hours is a good basis on which to apply overhead to production. The following data are for the most re year: . Budgeted number of direct labor hours worked: 25,000 hours . Budgeted amount of manufacturing overhead: $176,000 . Actual number of direct labor hours worked: 22,000 hours . Actual amount of manufacturing overhead: $156,000 Which ONE of the following should be included in the journal entry necessary to close Greensdale Engineering's manufacturing overhead account for the year? A DEBIT to Cost of Goods Sold for $1,120 A DEBIT to Manufacturing Overhead for $38,720 A DEBIT to Cost of Goods Sold for $38,720 O A DEBIT to Manufacturing Overhead for $1,120