Sawyer Company had the following information for the year:

Direct materials used	$	198,200
Direct labor incurred (7,800 hours)	$	249,200
Actual manufacturing overhead incurred	$	281,800

Sawyer Company used a predetermined overhead rate using estimated overhead of $404,800 and 8,800 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9,900. How much overhead was applied during the year?

$404,800

$281,800

$249,200

$358,800