Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $560,000, and direct labor costs to be $280,000. Actual overhead costs for the year totaled $577000, and actual direct labor costs totaled $313,000. At year-end, the balance in the Factory Overhead account is a: 1 Multiple Choice $49,000 Credit balance $49,000 Debit balance. $313,000 Debit balance 577000 Debit balance. $626,000 Credit belance