Tarnish Industries produces miniature models of farm equipment. These collectibles are in great demand. It takes two operations, molding and finishing. to complete the miniatures. Next year's expected activities are shown in the following table: Direct labor hours Machine hours Molding 91,000 DLH 114,000 MH Finishing 176,500 DLH 97,500 MH Tarnish Industries uses departmental overhead rates and is planning on a $3.40 per machine hour overhead rate for the Molding department. Compute the budgeted manufacturing overhead cost for the Molding department given the information shown in the table. Multiple Choice $386,600 $387,600 $331,500 $600,100