The following information is provided for the year:

Actual direct labor hours worked	36,000
Budgeted overhead	$300,000
Budgeted direct labor hours	30,000
Actual overhead costs incurred	$360,000

If normal costing is used, the amount of overhead applied for the year is:

A) $240,000

B) $299,880

C) $360,000

D) $300,000

E) $380,000