At the beginning of the current year CR Company estimated the following costs: (3 marks)

Direct materials	$4,000
Direct labour	20,000
Rent on factory building	15,000
Sales salaries	25,000
Depreciation on factory equipment	8,000
Indirect labour	10,000
Production supervisor's salary	12,000

CR Company estimated 20,000 labour hours to be worked during the year. Actual labour hours worked were 22,000 hours. If overhead is applied on the basis of direct labour hours, what will be the overhead applied for the year?

Question 15 options:

	$55,000.
	$75,900.
	$49,500.
	$103,400.