A company manufactures two related products, a Gold model and a Titanium model. Overhead costs relating to batch setups amount to $30,000 and overhead costs relating to parts assembly are $90,000. The following activity and cost information has been compiled: Product Batches Parts Machine Hours Gold 94 8000 Titanium 3 8 4000 Assume the company uses activity based costing and compute the overhead allocation from set ups that will be allocated to the Gold model. a. $20,000 b. $40,000 c. $30,000 d. $22,500