2 Greife Corporation's activity-based costing system has three activity cost pools-Machining, Setting Up, and Other. The company's overhead costs have already been allocated to these cost pools as follows: Machining $ 75,855 Setting Up $116,852 Other $ 19,300 03 4243 Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The following table shows the machine-hours and number of batches associated with each of the company's two products: Product KO Product w9 Total 2,780,700 8,890 11,670 2,230 30 Additional data concerning the company's products appears below K0 Product W9 sales (total) Direot materialn (total) Direct labor (total) 307,000 $234,000 86,800 86,900 93,600 $58,000