ABC company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year: Estimated direct labor cost $600,000. Actual direct labor cost $400,000. Estimated manufacturing overhead costs $300,00. Actual manufacturing overhead costs $300,000. Estimated direct labor hours 220,000. Actual direct labor hours 200,000. If ABC Company uses direct labor cost as the allocation base, compute the allocated manufacturing overhead be for the year