Question 21 Which journal entry would a company record when estimating the amount of overhead based on direct labor cost? direct labor $20,000 overhead is estimated at 110% of direct labor dollars debit work in process inventory $22,000, credit manufacturing overhead $22,000 debit manufacturing overhead $22,000; credit work in process inventory $22,000 debit manufacturing overhead $20,000; credit work in process inventory $20,000 debit work in process inventory $20,000; credit manufacturing overhead $20,000