Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $640,000 and direct labor costs to be $320,000. Actual overhead costs for the year totaled $653,000, and actual direct labor costs totaled $357000. At year-end, the balance in the Factory Overhead account is a: Multiple Choice o $653.000 Debit balance O $352000 Debit balance O O $61,000 Credit belence O o $714.000 Credit balance O $60000 Debit balance Clemmens Company applies overhead based on direct labor cost. Estimated overhead and direct labor costs for the year were $118,500 and $124,300, respectively. During the year, actual overhead was $106,700 and actual direct labor cost was $112.800. The entry to close the over- or underapplied overhead at year-end, assuming an immaterial amount would include (Round predetermined overhead rate to nearest whole percentage.) Multiple Choice A credit to Cost of Goods Sold for $460. O A credit to Factory Overhead for $460 O O O Adebit to Cost of Goods Sold for $460. Adebit to Work in Process inventory for $460 O Acredit to finished Goods Inventory for $460