Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams materials of 413,000 and direct labor of $223,000. During the year Adams incurred $421,000 in materials costs, $413,500 in overhead costs and $227,000 in direct labor costs. Compute the amount of overhead applied to jobs during the year total overheed of $334,500 Mutiple Choice $413,500