Assume the following: Estimated fixed manufacturing overhead for the coming period of $233,000 Estimated variable manufacturing overhead of $2.00 per direct labor hour Actual manufacturing overhead for the period of $320,000 Actual direct labor-hours worked of 54,000 hours 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: Note: Round your intermediate value of "Predetermined overhead rate" to two decimal places