Branin Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on a total fixed manufacturing overhead cost of $160,000, variable manufacturing overhead of $3.40 per direct labor-hour, and 80,000 direct labor-hours. The company has provided the following data concerning Job A578, which was recently completed:
Total direct labor-hours: 250
Direct materials: $715
Direct labor cost: $9,000
The estimated total manufacturing overhead is closest to:
$432,000
$160,003
$272,000
$160,000