Wealth Company has the following transactions for the month of November: Purchased materials on account for $300,000 Materials requisitioned for $75,000 Direct labor for the month was incurred (but not yet paid) of $50,000. Actual overhead for the month was $30,000. It has not been paid yet. (Charge to various payables.) Overhead is applied to production at the rate of 50% of direct labor. Jobs totaling $50,000 were transferred from Work-in-process to Finished Goods. Jobs costing $34,000 were sold. Balances at the beginning of the month were: 34,240 Materials Work-in-Process Finished Goods 12,000 What is the correct journal entry to record actual overhead for the month? a. Raw Materials 15,000 Various Payables 15,000 b. Various Payable 15,000 Overhead Control 15,000 c. Accounts Receivables 30,000 Cash Account 30,000 d. Overhead Control 30,000 Various Payables 30,000 e. None of these choices are correct