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		5,300	DLHs
Overhead costs at the denominator activity level:
Variable overhead cost	$	31,840
Fixed overhead cost	$	71,510

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

Actual hours		5,500	DLHs
Standard hours allowed for the actual output		5,484	DLHs
Actual total variable manufacturing overhead cost	$	31,020
Actual total fixed manufacturing overhead cost	$	97,560

The overhead applied to products during the period was closest to: (Round your intermediate calculations to 2 decimal places.)