GSP Manufacturing uses machine hours to allocate overhead costs to products. Budgeted information for the current year follows: Budgeted overhead cost Budgeted machine hours Budgeted direct labor hours $ 217,600 2,560 machine hours 13,600 direct labor hours The overhead cost allocated to a job that uses 4 machine hours is: Multiple Choice $340. O $300. O $400. O $420. O O $260