Mykol studios uses a predetermined overhead recovery rate based on hours.

A summary of the factory overheads budgeted and incurred are shown below;

Budgeted Overheads $60,000\mathrm{.}00$

Actual Overheads Incurred $61,500\mathrm{.}00$

Overheads absorbed during the year

Actual hours

$71,400\mathrm{.}00$

$5,950$

What was the company's budgeted level of machine hours for the year?$|$

Round off your answer to the nearest whole number