Merone Company allocates materials handling cost to the company's two products using the below data:

Modular HomesPrefab BarnsTotal expected units produced6,5009,500Total expected material moves650250Expected direct labor-hours per unit850350

The total materials handling cost for the year is expected to be $265,500.

If the materials handling cost is allocated on the basis of material moves, the total materials handling cost allocated to the modular homes is closest to:(Round your intermediate calculations to 2 decimal places