Kasson Company had the following inventory balances for the month of October: Direct materials Work in process Finished goods October 1 $49,000 $24,000 $56,000 October 31 $63,000 $17,000 $81,000 Additional information is provided below: 1) Direct materials purchased in October were $242,000. 2) Direct labor comprised 62% of the prime costs for October and 48% of the conversion costs for October. Calculate the amount of applied overhead for October.