Kavin Corporation uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. Predetermined overhead rate $ 23.60 per machine-hour Estimated total fixed manufacturing overhead from the beginning of the year $ 708,000 Estimated activity level from the beginning of the year 30,000 machine-hours Actual total fixed manufacturing overhead $ 752,000 Actual activity level 28,100 machine-hours The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to______________.

a. $663,160
b. $44,000
c. $708,000