Identify the journal entry to record application of overhead to jobs, under the job-order costing system. a. Debit Work in Process; Credit Overhead Control b. Debit Actual Overhead; Credit Work in Process C. Debit Work in Process; Credit Actual Overhead d. Debit Overhead Control; Credit Work in Process Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,400,000 of direct material costs and $4,100,000 of direct labor costs were incurred. Theta's applied overhead is: a. $9,375,000. b. $1,360,000. c. $1,640,000. d. $8,500,000. A company has $2,700 of overapplied overhead for a period. Identify the journal entry made to adjust the overapplied overhead at the end of the period. a. Debit Overhead Control for $2,700; Credit Work in Process for $2,700 b. Debit Work in Process for $2,700; Credit Overhead Control for $2,700 C. Debit Cost of Goods Sold for $2,700; Credit Overhead Control for $2,700 d. Debit Overhead Control for $2,700; Credit Cost of Goods Sold for $2,700