Company XYZ uses direct labor hours to allocate its manufacturing overhead, Manufacturing overhead was estimated to be $460,000 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 a $506,000 b. 5418,782 C5517,000 d. 5460,000 e. None of the answers given