Billy6Furniture Company applies overhead based on direct labor costs, and provided the following information:

Estimated total overhead cost - $560,000

Estimated direct labor costs - $280,000

Actual overhead costs - $577,000

Actual direct labor costs - $313,000

At year end, the balance in the factory Overhead Account is a:

A. $49,000 Debit Balance

B. $626,000 Credit Balance

C. $49,000 Credit Balance

D. $51,000 Debit Balance

E. $313,000 Debit Balance

F. $577,000 Debit Balance