7

GFOQKV276 Corporation applies manufacturing overhead on the basis of direct labor-hours. GFOQKV276 based its predetermined overhead rate for the upcoming year on total estimated overhead of $240,300 and 5,300 estimated direct labor-hours: (10 496809) At the end of the year, GFOQKV276's actual manufacturing overhead for the year amounted to $242,400 and actual direct labor-hours were 4,800 . Q: What was GFOQKV276's overhead for the year? (Round your intermediate calculations to 2 decimal places