Question 16 7.14 pts ABC Company uses a predetermined overhead rate base on machine-hours that it recalculates at the beginning of each year. The company has provided the following data for the most recent year. Estimated total fixed manufacturing overhead from the beginning of the year Estimated activity level from the beginning of the year Actual total fixed manufacturing overhead Actual activity level $684,000 40,000 machine hours $616,000 37,700 machine hours R The amount of manufacturing overhead that would have been applied to all jobs during the period is closest to: $684,000 O $68,000 O $644,670 $580,580