A coinpany uses a normal costing system and allocates overhead on the basis of direct labor hours. They budgeted $100,000 of overhead but actually had $110,000 of overhead. They budgeted 8,500 direct labor hours but actually had 8,700 direct labor hours. What will be the adjusting entry to COGS at the end of the year (rounded to the nearest dollar if applicable)? $7.647 debit to COGS $10,000 credit to coGS 57,647 credit to CoGs \$2, 353 credil to COGS $2.353 debit to COGS