During March, Pendergraph Corporation incurred $78,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $80,000. The journal...

Extracted text: During March, Pendergraph Corporation incurred $78,000 of actual Manufacturing Overhead costs. During the same period, the Manufacturing Overhead applied to Work in Process was $80,000. The journal entry to record the application of Manufacturing Overhead to Work in Process would include a: Multiple Choice credit to Manufacturing Overhead of $80,000 debit to Work in Process of $78,000 credit to Work in Process of $78,000 debit to Manufacturing Overhead of $80,000