1. Quick Step Company is debating the use of direct labor cost or direct labor hours as the cost allocation base for allocating manufacturing overhead. The following information is available for the most recent year.

   Estimated Direct Labor Cost	528,000
   Actual Direct Labor Cost	511,720
   Estimated Manufacturing Overhead	464,640
   Actual Manufacturing Overhead	385,000
   Estimated Direct Labor Hours	27,588
   Actual Direct Labor Hours	25,597

   If Quick Step Company uses direct labor cost as the allocation base, what would the allocated manufacturing overhead be for the year?

   		385,000
   		450,314
   		431,107
   		823,443