Calculator A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $328, 100 and direct labor hours would be 43,700. Actual manufacturing overhead costs incurred were $314,500, and actual direct labor hours were 53,100. The Journal entry to apply the factory overhead costs for the year would include a a. credit to Factory Overhead for $328,100 b. debit to Factory Overhead for $314,500 c. credit to Factory Overhead for $398,781 d. debit to Factory Overhead for $398,781