5 The Lewis Corparation uses a normal job costing system for the products they manufacture and sell. The company has a machining department. The cost of the product has three major cost categories; direct material, direct labor and manufacturing overhead. The manufacturing overhead cost is allocated by the following: Machining Department overhead cost is based on machine hours You have been asked to determine the product cost for Job 375 using the following information The 2020 budget for the Machining Department is Manufacturing overhead cost $1,800,000 Machine hours 50,000 Job 375 information Direct materials used Direct labor cost Machine hours used $45,000 $14,000 750 Required (show your work) The Machining Department overhead rate B The applied overhead cost for Job 375 The total product cost for Job 375 CU