Calculate overhead rates. (Obj. 3). Job 670 calls for 1,200 units to be produced. The estimate of manufacturing overhead for the year for the Cutting Department is $42,000. The company expects that direct materials will be $600,000 and total machine hours will be 250,000. Job 670 incurred $5,300 in direct materials and used 3,284 machine hours. How much manufacturing overhead should be applied to Job 670 if the company uses

(a) the materials costs basis and

(b) the machine hours basis? LO.1