Petty Corporation has two production departments, Milling and Finishing. The company uses a Job-order costing system and computes a predetermined overhead rate in each production department. The Milling Depart 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 fo estimates: Milling 20,000 2,000 $148,000 $ 1.90 Finishing 14,000 8,000 $88,000 Machine-hours Direct labor-hours Total fixed manufacturing overhead cost Variable manufacturing overhead per machine-hour Variable manufacturing overhead per direct labor-hour $ 3.60 The estimated total manufacturing overhead for the Milling Department is closest to: Multiple Choice O $38.000 O $408.000 O $140,000 O $196,000