Jackson Company had the following information for the year: Direct materials used $$295,000$ Direct labor incurred $(9,000$ hours$)$ $$245,000$ Actual manufacturing overhead incurred $$343,000$Jackson Company used a predetermined overhead rate using estimated overhead of $$320,000$ and $8,000$ estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $$19,000.$ How much overhead was applied during the year? Multiple Choice $$245,000$ $$343,000360,000$ $$320,000$