A company incurs $1300000 of overhead each year in three departments, Processing, Packaging, and Testing. The company performs 800 processing transactions, 196000 packaging transactions, and 1600 tests per year in producing 393000 drums of oil and 595000 drums of sludge. The following data are available: Production information for oil is as follows: Calculate the amount of overhead assigned to oil. $650000$695000$878750$421250