Question 5 1 pts Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing overhead costs are allocated on the basis of machine-hours in the Machining Department and on the basis of direct labor-hours in the Assembly Department. At the beginning of 2020, the following estimates were provided for the coming year. Machining Amembly Direct labor-hours 40.000 sQ000 Machine hours 20.000 25,000 Direct labor cost $475,000 $875.000 Manufacturing overhead coats $450,000 $250,000 The accounting records of the company show the following data for Job 1316 Machining Assembly Direct labor-hours 120 Machine-hours 85 Direct material cost $425 $150 Direct labor cost $200 $400 95 5 What amount of manufacturing overhead costs will be allocated to Job #316? $1,325.00 $1,906.25 $2,387.50 $2.862,50