2. St. Vincent's, Inc., currently uses traditional costing procedures, applying $800,000 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH), production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow. Product Pool No.1 (Driver: DLH) 1,200 2,800 Pool No. 2 (Driver: SU) 45 55 Pool No. 3 (Driver: PC) 2,250 750 Beta Zeta Pool Cost $160,000 $280,000 $360,000 Required: Compute the overhead cost allocated to Beta using traditional costing. (2 marks)