NCLULU DIUCNUUDru Davis, Managerial Accounting, 3e Help System Announcements - CALCULATOR PRINTER VERSION BACK NEXT Question 1 At the beginning of the year, managers at King Industries estimated $400,000 in manufacturing overhead, 20,000 direct labor hours and 50,000 machine hours. Actual manufacturing costs at the end of the year were $425,000 in manufacturing overhead. During the year 22,000 direct labor hours and 47,000 machine hours were incurred. If overhead is applied based on direct labor hours, how much overhead was applied during the year? $440,000 $467,500 $399,960 $425,040 Click if you would like to Show Work for this question: Open Show Work