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A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that factory overhead costs would be $360,000 and direct labor hours would be 30,000 . Actual manufacturing overhead costs incurred were $377,200, and octual direct iabor hours were 36,000. The entry to apply the factory overhead costs for the year would include a a. debat to Foctoty Orerhicad for $377,200 b. debit to Fectory Owerbesd for $3,60,000 c. cedit to Factory Overhed for $360,000 d. credit to Fastory Ovehtead for $432,000

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