A manufacturing company has a standard costing system based on standard direct labor$-$hours $($DLHs$)$ as the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:

Denominator level of activity $6,800$ DLHs

Overhead costs at the denominator activity level:

Variable overhead cost $ $31,710$

Fixed overhead cost $ $96,810$

The following data pertain to operations for the most recent period:

Actual hours $7,000$ DLHs

Standard hours allowed for the actual output $6,984$ DLHs

Actual total variable manufacturing overhead cost $ $30,890$

Actual total fixed manufacturing overhead cost $ $97,430$

The overhead applied to products during the period was closest to:

Multiple Choice

$$128,520$

$$129,500$

$$132,300$

$$131,998$