The "bushing" is actually a short rubber tube that acts as a cushion for the brake lever. It was used up to the '77 models, when it was discontinued. You may have one of the later MCs where it was eliminated; it should work fine, but you'll have to get a kit for the '77-'78 MC .
It's always best to buy replacement parts for the right model and year. That way you can be sure they'll fit and work correctly. Just "looking right" doesn't always work...