The following information was gathered for the Belvedere Corporation for the most recent year. Manufacturing overhead is allocated using direct labor hours. Estimated direct labor hours 56,000 Actual direct labor hours 57,000 Estimated manufacturing overhead costs $800,000 Actual manufacturing overhead costs $685,000 What amount of manufacturing overhead would be allocated for the year? Choose the nearest value. $729,000 $685,000 $769,500 $814,530