Morns Company applies overhead based on direct labor costs. For the current year, Morts Company estimated total overhead costs to be $460,000, and direct labor costs to be $2.300,000 Actual overhead costs for the year totaled $425,000, and actual direct labor costs totaled $1,950,000. At year-end, the balance in the Factory Overhead account is a Multiple Choice $425,000 Debt balance $290.000 Debt balance $35,000 Debit belance $460,000 Credit balance $35,000 Credit balance