Blossom Company's accounting records reflect the following inventories:

	Dec. 31, 2022		Dec. 31, 2021
Raw materials inventory	$290000		$220000
Work in process inventory	300000		160000
Finished goods inventory	190000		150000

During 2022, $760000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. (Assume that all raw materials used were direct materials.) The total raw materials available for use during 2022 for Blossom Company is

$980000.

$690000.

$1050000.

$620000.

Sunland Mfg. provided the following information from its accounting records for 2022:

Expected production		60000 labor hours
Actual production		64000 labor hours
Estimated overhead		$900000
Actual overhead		$910000

What is the overhead application rate if Sunland bases the rate on direct labor hours (rounded to the nearest cent)?

$15.17 per hour

$14.22 per hour

$15.00 per hour

$14.06 per hour