A company incurs $1210000 of overhead each year in three departments, Processing, Packaging, and Testing. The company performs 900 processing transactions, 207000 packaging transactions, and 2000 tests per year in producing 391000 drums of oil and 607000 drums of sludge. The following data are available: Department Use of Cost Driver Cost Processing 900 $495000 Packaging 207000 495000 Testing 2000 220000 Production information for oil is as follows: Department Use of Cost Driver Processing 400 Packaging 115000 Testing 1300 Calculate the amount of overhead assigned to oil. $605000 $638000 $418000 $572000