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please help!!! 5 points Penn Co. is planning to sell 1,050 boxes of laminate flooring, with production estimated at 940 boxes during the month. Each

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5 points Penn Co. is planning to sell 1,050 boxes of laminate flooring, with production estimated at 940 boxes during the month. Each box of flooring requires 35 pounds of wood chips and 0.23 hours of direct labor. Wood chips cost $0.70 per pound and employees of the comparny are paid an average wage of $37 per hour. Manufacturing overhead is applied at a rate of 122% of direct labor costs. Penn has 4,100 pounds of wood chips in beginning inventory and wants to have 5,100 pounds in ending inventory. What is the total amount to be budgeted for manufacturing overhead for the month? Round to the nearest whole dollar

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