(5-17) Brass Company manufactures pumps and valves and uses a time-driven based cost (TDABC) system. Last year, Halifax recorded the following data for assigning manufacturing overhead costs to its products:

Halifax also developed the following information on revenues and costs other than manufacturing overhead:

A. Using the company's TDABC system, how much manufacturing overhead cost will be assigned to valves?

B. What is the company's net income? (Assume the company sells the entire amount of the products it produces.)