Maple Mount Fishery is a canning company in Astoria. The company uses a normal costing system in which factory overhead is applied on the basis of direct labor costs. Budgeted factory overhead for the year was $680,000, and management budgeted $355,000 of direct labor costs. During the year, the company incurred the following actual costs.

	Direct materials used	$385,000
	Direct labor	314,000
	Factory overhead	652,300

The January 1 balances of inventory accounts are shown below.

	Materials all direct	$60,600
	Work-in-process	43,800
	Finished goods	26,800

The December 31 balances of these inventory accounts were ten percent lower than the balances at the beginning of the year.The total manufacturing costs for the year are: (Round your "predetermined overhead rate" to 1 decimal place.)

A) $1,295,600. B) $1,358,360. C) $1,299,980. D) $1,339,400. E) $1,302,660.

Please show all the steps