Jeremy Corporation estimated manufacturing overhead costs for the year to be $550,000. Jeremy also estimated 7000 machine hours and 2000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours. On January 31, Job 25 was completed. It required 5 machine hours and 4 direct labor hours. What is the amount of manufacturing overhead allocated to the completed job? (Round intermediate calculations to the nearest cent and your final answer to the nearest dollar.) $1375 $393 s $79 $707