Allentown Corporation budgeted manufacturing overhead to be $$1,400,000$ in the coming year. The company uses direct labor hours to allocate overhead to work$-$in$-$process. The estimated hours for the year total $70,000$ direct labor hours. If Allentown then worked $72,000$ direct labor hours in the current year, how much overhead was allocated to the work$-$in$-$process inventory?

Multiple Choice

$$1,520,000$

$$1,440,000$

$$1,200,000$

$$1,400,000$