Waterway Industriesis planning to sell500boxes of ceramic tile, with production estimated at870boxes during May. Each box of tile requires44pounds of clay mix and a0.50hour of direct labor. Clay mix costs $0.40per pound and employees of the company are paid $10per hour. Manufacturing overhead is applied at a rate of110% of direct labor costs.Waterwayhas4100pounds of clay mix in beginning inventory and wants to have4900pounds in ending inventory.

What is the total amount to be budgeted for manufacturing overhead for the month?