Ashland Corporation estimates its manufacturing overhead costs to be $170,000 and its direct labor costs to be $324,000 for 2020. The actual manufacturing labor costs were $82,000 for Product 1, $123,000 for Product 2 and $162,000 for Product 3 during 2020. Manufacturing overhead is allocated to products on the basis of direct labor costs using a predetermined overhead rate. The actual manufacturing overhead cost for the year was $174,000. The amount of overhead assigned to Product 3 during 2020 was:
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