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Hancock Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Hancock estimated total overhead of $322,000;

Hancock Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Hancock estimated total overhead of $322,000; materials of $420,000 and direct labor of $230,000. During the year Hancock incurred $428,000 in materials costs, $414,200 in overhead costs and $234,000 in direct labor costs. Compute the amount of overhead applied to jobs during the year.

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