XYZ Manufacturing uses a predetermined overhead rate, based on labor hours, to apply its MOH. The following information was taken from the cost records of the company. Total Estimated Manufacturing Overhead $3,240,000 Actual Direct labor hours 80,000 Actual Manufacturing Overhead incurred $3,200,000 Estimated Direct labor houts- 90,000 The Journal entry that describes MOH applied would be OA) Debit to MOH, $2880,000; Credit to WIP, $2,880,000 O Debit to WIP, $2,880,000; Credit to MOH, $2,880,000 O Debit to WIP $320,000; Credit MOH, $320,000 Credit MOH 53,240,000: Debit WIP, $3,240,000