Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $242,700 and 7,700 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $244,000 and actual direct labor-hours were 5,600.

The applied manufacturing overhead for the year was closest to: (Round your intermediate calculations to 2 decimal places.)