At the end of the year if Manufacturing Overhead is over-applied by $7,000. Which of the following would be the correct adjusting journal entry? ODEBIT: Manufacturing Overhead $7,000: CREDIT: Cost of Goods Manufactured $7,000 O DEBIT: Cost of Goods Manufactured $7,000, CREDIT: Manufacturing Overhead $7,000 ODEBIT: Manufacturing Overhead $7.000; CREDIT: Cost of Goods Sold $7,000 ODEBIT: Cost of Goods Sold $7,000; CREDIT: Manufacturing Overhead $7,000