Monro Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, the company based its predetermined overhead rate on total estimated overhead of $79,250 and 2,200 estimated direct labor-hours. Actual manufacturing overhead for the year amounted to $78,000 and actual direct labor-hours were 2,400. The applied manufacturing overhead for the year was closest to: a. $89,900 b. $86,455 c. $71,184 d. $74,160 e. $80,539