Seymour B Knoble Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $625,000, variable manufacturing overhead of $5.40 per machine-hour, and 75,000 machine-hours. The estimated total manufacturing overhead is closest to:

Group of answer choices

$625,000

$1,030,000

$405,000

$625,005