Survival Engineering, Inc. has decided that direct labor hours is a good basis on which to apply overhead to production. The following data are for the most recent year:

Budgeted number of direct labor hours worked: 25,000 hours

Budgeted amount of manufacturing overhead: $113,000

Actual number of direct labor hours worked: 28,000 hours

Actual amount of manufacturing overhead: $111,000

Which one of the following should be included in the journal entry necessary to close Survival Engineering's manufacturing overhead account for the year?

a. A CREDIT to Cost of Goods Sold for $15,560

b. A CREDIT to Manufacturing Overhead for $15,560

c. A CREDIT to Cost of Goods Sold for $11,320

d. A CREDIT to Manufacturing Overhead for $11,320