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The Beatles 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

The Beatles 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 the following data:

Total machine-hours

80,000

Total fixed manufacturing overhead cost

688,000

Variable manufacturing overhead per machine-hour

$3.90

Recently, Job M759 was completed. It required 120 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.)

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