Using the information in Exercise 3, recalculate the cost of Job 123 using machine hours for both the machine costs and the overhead costs. How much does Job 123 cost now?

Data from Exercise 3

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Josie's Copy Shop Black and White Copier Galor Copier Binding Machine Machine costs $60,000 $120,000 $24,000 Overhead $60,000 $75,000 $36,000 Direct labor hours 4,000 2,500 1,500 Muchine hours 6,000 6,000 3,000