Brown Inc. uses machine hours for its predetermined overhead rate. For the year, Brown had an over applied manufacturing cost of $2,600. The additional information for the last year is given below. The estimated manufacturing overhead at the beginning of the year used in the predetermined overhead rate must have been?
Estimated Machine Hours For The Year : 17,300
Actual Machine Hours For The Year : 16,700
Actual Manufacturing Overhead Costs : $352,960
A) $362,948 B) $355,560 C) $365,541 D) $368,335 E) None