Manufacturing overhead was estimated to be $197,600 for the year along with an estimated 20,800 direct labor hours. Actual manufacturing overhead was $173,300, and actual direct labor hours were 19,200. To dispose of the balance in the Manufacturing Overhead account, which of the following would be correct?

Multiple Choice

Cost of Goods Sold would be credited for $39,900

Cost of Goods Sold would be credited for $9,100

Cost of Goods Sold would be debited for $9,100

Cost of Goods Sold would be debited for $39,900