Assume (1) estimated fixed manufacturing overhead for the coming period of $250,000. (2) estimated variable manufacturing overhead of $2.00 per direct labor hour, (3) actual manufacturing overhead for the period of $320,000, (4) actual direct labor hours worked of 54,000 hours, and (5) estimated direct labor-hours to be worked in the coming period of 55,000 hours. The amount of overhead applied to production during the period is closest to Multiple Choice $360,000 $353.700 $366,804 $325,926