Folsom Company manufactures specialty tools, uses normal costing and applies overhead on the basis of machine hours. The company had the following financial information.... End of Year Actuals Overhead $614,592 Machine Hours 69,499 For the month of November, machine hours were 11,573. The predetermined overhead rate was $ 12 For the year, the unadjusted Cost of Goods Sold was $652,515. Calculate the dollar amount of overhead applied to production for the year.