Mighty Media Company uses a job order costing system and applies overhead based on machine hours. A total of 300,000 machine hours have been budgeted for the year. During the year, an order for 2,000 units was completed and incurred the following: Direct materials costs $2,000 Direct labor costs Actual overhead Machine hours $3,000 $3,960 900 The accountant calculated the inventory cost of this order to be $4.30 per unit. The annual budgeted overhead in dollars was