manufacturing overhead cost to products based on machine$-$hours. The predetermined overhead rate was based on a cost formula that estimates $$1,040,000$ of total manufacturing overhead for an estimated activity level of $80,000$ machine$-$hours.

During the year, a large quantity of furniture on the market caused Luzadis to cut production and build inventories. The company provided the following data for the year:

$\backslash$table$[[$Machine$-$hours,$71,000],[$Manufacturing overhead cost,$$990,000$