Mona Company has decided that ditect labor hours is a good basis on which to apply overhead to production. The predetermined overhead rate for the most recent year is $10 for each direct labor hour. The following data were colliected during the year: - Actual number of direct labor hours worked =25,000 hour - Actual amount of manufacturing overhead 5250,000 Mona Company applied manufacturing ovethead during the year, Which ONE of the following should be included in the summary journal entry necessary to record this application of manufacturing overhead? CREDIT to Work-in-Process inventory for $230,000 CAEDIT to Manufacturing Overhead for $230,000 CREDIT to Work:in-Process Inventory for $250,000 CREDIT to Manufacturing Overhesd for $250,000 For the year, Wiltard Company had actual munufacturing overhesd of $100,000 und applied manufacturing overhead of $117,000. method for the end-of year closing of the manufacturing overhead acrount. CREDIT to Cost of Goods Sold for $17,000 CREOIT to Work-in-Process imventory for $100000 Cretoir to Manufacturing Overthead for $17,000 DEBit re cost of Goods sold for $100,000