Suppose the following cost information has been made available: Estimated manufacturing overhead 352,000 Estimated machine time 40,000 hours Actual machine time 36,000 hours Estimated labour time 16,000 hours Actual labour time 20,000 hours Actual factory costs incurred: Supervisor salary 36,000 Cleaning 13,000 Heating and lighting 74,000 Depreciation 68,000 Rent 109,000 The company uses a predetermined labour time overhead absorption rate to recover overheads. What is the value of actual production overhead absorbed? Select one: : . 281,600 . 440,000 . 316,800 d. 375,000