At the beginning of the year, Pineapple Company estimated the following for the coming year: Overhead: $420,000 Direct labour hours: 70,000 The company uses normal costing and applies overhead on the basis of direct labour hours. For the month of May, direct labour hours equal 10,300 and actual overhead equals $56,750. What is the overhead applied to production in May? $61,800 $30,000 $46,750 $51,600