Hogle Corporation uses job-order costing and applies overhead cost to jobs on the basis of machine-hours worked. For the just completed year, the company estimated that it would work 75,000 machine-hours and incur $450,000 in manufacturing overhead cost. The company actually worked 80,000 machine-hours The company has provided the following financial data concerning its actual operations for the year: Direct Materials Direct Labor Sales Commissions General Selling Expenses Advertising Costs Selling and Administrative Depreciation $70,000 Selling and Administrative Insurance $3,000 $360,000 $75,000 $90,000 $17,000 $180,000 Indirect Materials Indirect Labor Administrative Salaries Factory Utility Costs Factory Depreciation Factory Insurance Sales $20,000 $110,000 $200,000 $43,000 $280,000 $7,000 $1,500,000