Jackson Company had the following information for the year:

Jackson Company used a predetermined overhead rate using estimated overhead of $364,500 and 8,100 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?

Direct materials used Direct labor incurred (9,500 hours) Actual manufacturing overhead incurred $296,300 $250,500 $344,500 $344,500 $250,500 $364,500 $427,500