Company has two production departments, Cutting and Painting. The Cutting Department applies manufacturing overhead based on direct labor hours which are estimated to total 180,000 for the period. The Painting Department applies manufacturing overhead based on machine hours which are estimated to total 80,000 for the period. Information related to estimated overhead costs for each of the departments is presented below:

		Cutting Department		Painting Department
Total fixed manufacturing overhead	$	290,000	$	40,000
Variable manufacturing overhead per direct labor hour	$	2.50
Variable manufacturing overhead per machine hour			$	3.00

Estimated total manufacturing overhead for the Painting Department is closest to:

$320,000

$280,000

$ 40,000

$240,000