Malakan Corporation has two production departments, Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Finishing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: Machining Finishing Machine-hours 18,000 11,000 Direct labor-hours 2,000 9,000 Total fixed manufacturing overhead cost $102,600 $96,300 Variable manufacturing overhead per machine-hour $ 2.10 Variable manufacturing overhead per direct labor-hour $ 3.90 During the current month the company started and finished Job K368. The following data were recorded for this job: Job K368: Machining Finishing Machine-hours 80 Direct labor-hours 40 The amount of overhead applied in the Machining Department to Job K368 is closest to: (Round your intermediate calculations to 2 decimal places) 20 Multiple Choice $85600 Multiple Choice O $85600 $168.00 o $624.00 $100.400.00