Victor estimates that its manufacturing overhead will be $1,731,900 in Year 1. It further estimates that direct labor costs will amount to $753,000. During March, Victor worked on four jobs with actual direct labor costs of $35,300 for Job 0301, $22,800 for Job 0302, $32,300 for Job 0303, and $16,300 for Job 0304. Actual manufacturing overhead costs for the year were $1,717,500. Actual direct labor costs for the year were $738,000. Manufacturing overhead is applied to jobs based on direct labor costs using predetermined rates