Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company's inventory balances were as follows: Raw materials Work in process Finished goods $ 63,000 $ 22, 200 $ 52,500 The company applies overhead cost to jobs on the basis of direct labor-hours. For the current year, the company's predetermined overhead rate of $11.50 per direct labor-hour was based on a cost formula that estimated $460.000 of total manufacturing overhead for an estimated activity level of 40,000 direct labor-hours. The following transactions were recorded for the year: a. Raw materials were purchased on account. $618,000 b. Raw materials used in production, $569,400. All of of the raw materials were used as direct materials. c. The following costs were accrued for employee services: direct labor. $410.000: Indirect labor, $150,000, selling and administrative salaries, $338.000, d. Incurred various selling and administrative expenses (eg. advertising, sales travel costs, and finished goods warehousing). $382,000. e. Incurred various manufacturing overhead costs (e.9. depreciation Insurance, and utilities). $310.000 4. Manufacturing overhead cost was applied to production. The company actually worked 41000 direct labor-hours on all Jobs during the year 2. Jobs costing $1,372,600 to manufacture according to their job cost sheets were completed during the year h. Jobs were sold on account to customers during the year for a total of $3,202,500. The jobs cost $1,382,600 to manufacture according to their job cost sheets Foundational 3-4 (Algo) 4. What is the total amount of manufacturing overhead applied to production during the year? Manufacturing overhead applied