18) Figure 4-2 (4pts) The following information is provided by the Sandman Corporation for the year: 46,000 Actual direct labor hours worked $300,000 Budgeted overhead Budgeted direct labor hours 30,000 Actual overhead costs incurred $460,000 Refer to Figure 4-2. If normal costing is used, the amount of overhead applied for the year is O $480,000. $400,000 $414,000. $460,000