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AB Company had the following information for the year: Direct materials used P190,000 Direct labor incurred (7,000 hours) 245,000 Actual manufacturing overhead 273,000 incurred AB Company used a predetermined overhead rate using estimated overhead of P320,000 and 8,000 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of P9,000. How much overhead was applied during the year? [DO NOT PUT PESO SIGN, SPACE, COMMA ON YOUR FINAL ANSWER]