Jackson Company Had the Following Information for the Year

Jackson Company had the following information for the year: Jackson Company used a predetermined overhead rate using estimated overhead of $320,000 and 8,000 estimated direct labor hours.Assume the only inventory balance is an ending Finished Goods balance of $19,000.How much overhead was applied during the year?

A) $245,000
B) $343,000
C) $360,000
D) $320,000