Assume a company has two manufacturing departments-Assembly and Fabrication. The company considers all of its manufacturing overhead costs to be fixed costs. The first set of data below is budgeted data for the company as a whole that was estimated at the beginning of the year. The second set of data below is actual data for the company as a whole that was derved at the end of the year. The third set of data relates to one particular job completed during the year- Job 2 Fabrication $ 400,000 15,000 50,000 Budgeted Data Manufacturing overhead costs Assembly $ 300,000 25,000 10,000 Assembly $330,000 Fabrication $350,000 Machine hours 27,000 10,500 16,000 48,000 Direct labor hours Hachine hours Actual Data Manufacturing overhead costs Direct labor hours Job Z Direct labor hours. Machine hours Fabrication Assembly 8.00 hours 1 hour 2 hours 7 hours If the company uses a plantwide approach for applying overhead to production with direct labor-hours as the allocation base, how much manufacturing overhead would be applied to Job Z