A manufacturing company uses a standard costing system in which standard machine-hours (MHs) is the measure of activity. Data from the company's flexible budget for manufacturing overhead are given below:
The following data pertain to operations for the most recent period: 
-How much overhead was applied to products during the period to the nearest dollar?
Definitions:
Excess Amount
The surplus or amount by which a sum exceeds what is necessary or required.
Outstanding Common Shares
The shares of a corporation that are issued and owned by shareholders, representing ownership in the company.
Net Assets
The difference between a company's total assets and its total liabilities, representing the equity value that shareholders would theoretically receive if all assets were liquidated and all debts paid.
Investment Account
An account held at a financial institution and managed by an investment dealer that contains securities, cash, or other assets for investment purposes.
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