Milsaps Company produces makeup mirrors. In preparing the current year's budget, Milsaps' controller estimates a total of $300,000 in direct materials cost, $220,000 in direct labor cost, and $330,000 in manufacturing overhead costs. Since much of the production process requires skilled workers to assemble the mirrors, direct labor cost is used as the overhead application base. At the end of the year, Milsaps reported actual results as follows: direct materials cost of $290,000, direct labor cost of $210,000, and manufacturing overhead cost $310,000.