July 5 purchases 40 lcd televisions on account from red river supplies for $2,500 each, terms 3/10, n/30. july 8 returns to red river two televisions that had defective sound. july 13 pays the full amount due to red river. july 28 sells remaining 38 televisions from july 5 for $3,000 each on account.

Mno corporation uses a job-order costing system with a predetermined overhead rate based on direct labor-hours. the company based its predetermined overhead rate for the current year on the following data: total estimated direct labor-hours 50,000 total estimated fixed manufacturing overhead cost $ 285,000 estimated variable manufacturing overhead per direct labor-hour $ 3.80 recently, job p123 was completed with the following characteristics: total actual direct labor-hours 20 direct materials $ 710 direct labor cost $ 500 the amount of overhead applied to job p123 is closest to: