9 Jackson Company had the following Information for the year: Direct materials used $295,000 Direct labor incurred (9,000 hours) Actual manufacturing overhead incurred $245,000 $343,000 Jackson Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours. Assume the only inventory belence is an ending Finished Goods balance of $19,000. How much overhead was applied during the year? Multiple Choice O O O O $245,000 $343,000 $360,000 $320,000