A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: The following data pertain to operations for the most recent period: The overhead applied to products during the period was closest to: (Do not round intermediate calculations. Round your answer to the nearest dollar amount.) $116,900 $119,306 $119,600 $115,920