Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: 80,000 $312,000 Total machine-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour $ 2.10 Recently, Job T629 was completed with the following characteristics: Number of units in the job Total machine-hours 50 200 The estimated total manufacturing overhead is closest to: Multiple Choice $168,000 $312,002 $312,000 $480,000