The The Proofreadign, Inc. have a new accounting system that reports the cost of client contracts using a normal absorption job-order costing system. Their total overhead is projected to be $1,000,000 for the coming year, of which 40% is allocated on the basis of direct labor dollars (DL$) and 60% is allocated on the basis of the number of pages (Pages) of documents submitted to the client. The The Proofreadign projects $500,000 DL$ and 400,000 Pages for the year. The company’s previous accounting system allocated overhead entirely on the basis of Pages.Circle the letter indicating the reported overhead allocated to a 300 page job that requires 200 DL$.Group of answer choices$540$560None of the above$610$450