Acitelli Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations.

Estimated manufacturing overhead	$	403,260
Estimated machine-hours		9,400
Actual manufacturing overhead	$	404,260
Actual machine-hours		9,460

The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year.

The applied manufacturing overhead for the year is closest to:

Multiple Choice

• $406,875

• $404,226

• $408,672

• $405,834