The Adlake Company makes and sells a single product and uses a standard cost system. During October, the company budgeted $300,000 in manufacturing overhead cost at a denominator activity of 20,000 machine-hours. At standard, each unit of finished product requires 5 machine-hours. The following cost and activity were recorded during October: Total actual manufacturing overhead cost incurred $294,000 Units of product completed 3,800 Actual machine-hours worked 19,422 The amount of overhead cost that the company applied to work in process for October was: $279,300. $291,330. $294,000. $285,000.