3. Sawyer Company had the following information for the year: Direct materials used $190,000 Direct labor incurred (7,000 hours) $245,000 Actual manufacturing overhead incurred $273,000 Sawyer Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9,000. How much overhead was applied during the year? (1pt.) A. $245,000 B. $273,000 C. $280,000 D. $320,000