Mad hatter enterprises purchased new equipment for $365,000, terms f. o.b. shipping point. other costs connected with the purchase were as follows:

state sales tax 29,200
freight costs 5,600
insurance while in transit 800
insurance after equipment placed in service 1,200
installation costs 2,000
insurance for the first year of operations 2,400
testing 700

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: