A Manufacturing Company Applies Overhead Based on Direct Labor Hours $\begin{array}{llr} \text { Overhead } &720,000\\ \text { Cash } &&720,000\\ \end{array}$

A manufacturing company applies overhead based on direct labor hours.At the beginning of the year,it estimated that overhead costs would be $720,000 and direct labor hours would be 90,000.Actual overhead costs incurred were $754,400,and actual direct labor hours were 92,000.The entry to assign overhead costs during the year would be

A)
$\begin{array}{llr} \text { Overhead } &720,000\\ \text { Cash } &&720,000\\ \end{array}$

B)
$\begin{array}{ll}\text { WIP Inventory } & 736,000 \\\text { Overhead } & & 736,000\end{array}$

C)
$$\begin{array} { l } \text { Cash } & 754,400 \\\text { Overhead }&& 754,400\end{array}$$
D)
$$\begin{array} { l l } \text { Overhead } & 754,400 \\\quad \text { WIP Inventory } && 754,400 \\\end{array}$$