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:

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: 6,800 DLHS Denominator level of activity Overhead costs at the denominator activity level: Variable overhead cost Fixed overhead cost $31,620 $ 95,540 The following data pertain to operations for the most recent period: Actual hours Standard hours allowed for the actual output Actual total variable manufacturing overhead cost Actual total fixed manufacturing overhead cost 7,000 DLHS 6,984 DLHS $30,800 $97.340 The overhead applied to products during the period was closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $130,900.00 $127160.00 $128,140.00 $130,600.80