During March, Pendergraph Corporation incurred $60,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $62,000.

The journal entry to record the application of Manufacturing Overhead to Work in Process would include a:

Multiple Choice

credit to Manufacturing Overhead of $62,000

debit to Work in Process of $60,000

credit to Work in Process of $60,000

debit to Manufacturing Overhead of $62,000