The predetermined overhead rate for Lebannon Manufacturing is 70% of direct labor cost. During July, $600,000 of factory labor costs are incurred of which $140,000 is indirect labor. Actual overhead incurred was $320,000. The amount of overhead debited to Work in Process Inventory should be: ( 1) $460,000 ( 2) $322,000 ( 3) $320,000 ( 4) $420,000 Question 36 (7 points) Saved