Assume (1) actual machine-hours worked during the period of 54,000 hours, (2) estimated machine-hours to be worked during the coming period of 55,000 hours, (3) manufacturing overhead applied to production during the period of $432,000, and (4) estimated variable manufacturing overhead per machine-hour of $2.30. The estimated fixed manufacturing overhead cost is closest to: Multiple Choice $313,500 $305,500 $307,800 $310,100