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Flexsteel industnes, a manufacturer of wooden ana upholstered furniture, had the following information for the year. Direct materials used $110,000 Direct labor incurred (5,000 hours)

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Flexsteel industnes, a manufacturer of wooden ana upholstered furniture, had the following information for the year. Direct materials used $110,000 Direct labor incurred (5,000 hours) $150,000 Actual manufacturing overhead incurred $166,000 Flexsteel used a predetermined overhead rate of $42.00 per direct labor hour for the year and estimated that direct labor hours would total 5,500 hours Assume the only inventory balance is an ending Work in Process balance of $17000. How much overhead was applied during the year? Multiple Choice $150,000 $210,000 $231.000 $166,000

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