Company XYZ uses direct labor hours to allocate its manufacturing overhead. Manufacturing overhead was estimated to be $440,000 for the year. Actual manufacturing overhead was $415,000 and actual labor hours were 22,000. The estimated direct labor hours for the year was 20,000. The amount of manufacturing overhead applied to production would be: Select one: O a. $484,000 O b. $440,000 O c. $400,000 O d. $495,000 O e. None of the answers given