Coble Woodworking Corporation produces fine cabinets. The company uses a job-order costing system in which its predetermined overhead rate is based on capacity. The capacity of the factory is determined by the capacity of its constraint, which is an automated shaper. Additional information is provided below for the most recent month: Estimates at the beginning of the month: Estimated total fixed manufacturing overhead Capacity of the shaper $44,950 310 hours Actual results: Sales $122,000 Direct materials $12,000 Direct labor $17,400 Actual total fixed manufacturing overhead $44,950 Selling and administrative expense $4,700 Actual hours of shaper use The manufacturing overhead applied is closest to: 280 hours