Tesla, Inc. had the following costs in the current quarter based on which they are doing an analysis.

Direct materials used	$	210,000
Direct labor incurred (7,000 hours)	$	256,000
Actual manufacturing overhead incurred	$	284,000

Elon Musk, Tesla's CEO used a predetermined overhead rate using estimated overhead of $336,000 and 8,000 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9,000. How much overhead was applied during the quarter?

Multiple Choice

• $256,000

• $284,000

• $294,000

• $336,000