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Tesla, Inc. had the following costs in the current quarter based on which they are doing an analysis. Direct materials used Direct labor incurred (7,100

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Tesla, Inc. had the following costs in the current quarter based on which they are doing an analysis. Direct materials used Direct labor incurred (7,100 hours) Actual manufacturing overhead incurred $196,300 $251,600 $273,300 Elon Musk, Tesla's CEO used a predetermined overhead rate using estimated overhead of $413,600 and 8,800 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods balance of $9.700. How much overhead was applied during the quarter? Multiple Choice O $251.600 O $273,300 $333,700

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