Malekan Corporation has two production departments: Machining and Finishing. The company uses a job-order costing system and computes a predetermined overhead tale 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 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per nachine-hour Variable manufacturing overhead per direct labor-hour Hachising 18,000 2,000 $102,600 Finishing 11,000 3,000 196,300 $2.10 5:3.90 During the current month the company started and finished Joo K368. The following data were recorded for this job Job 13681 Machine-hours Direct labor-hours Machining Finishing 80 20 20 40 The amount of overhead applied in the Machining Department to Job K368 is closest to pound your Intermediate calculations to 2 decimal places