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Mirada Manufacturing produces
pumps for residential swimming pools. For the year, management estimated that
total manufacturing overhead would be $1,488,000. Management decided to use
direct labor hours to apply manufacturing overhead and budgeted 62,000 direct
labor hours. The following information was compiled before an adjustment had
been made to close Manufacturing Overhead Control:
Raw Materials Inventory $304,291
Work in
Process Inventory $337,997
Finished
Goods Inventory $756,362
Actual
direct labor hours used 68,970
Actual
overhead incurred $1,434,576
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How much overhead did Mirada
apply to jobs during the year (if necessary, round your answer to the nearest
dollar)?