The overhead applied to products during the period was closest to:

A furniture manufacturer uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below: Denominator level of activity 1, 400 MHS Overhead costs at the denominator activity level: Variable overhead cost $12, 040 Fixed overhead cost $17, 360 The following data pertain to operations for the most recent period: Actual hours 1, 300 MHS Standard hours allowed for the actual output 1, 440 MHS Actual total variable manufacturing overhead cost $ 11, 440 Actual total fixed manufacturing overhead cost $18,560 The overhead applied to products during the period was closest to: Multiple Choice O $30.240 O $27,300 O $29.400 O $30.000