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A company produces two products: P1 and P2. Its overhead costs consist of machining, $3,000,000; and assembling, $1,500,000. Information on the two products is: P1

A company produces two products: P1 and P2. Its overhead costs consist of machining, $3,000,000; and assembling, $1,500,000. Information on the two products is: P1 P2 Direct labor hours 10,000 15,000 Machine hours 10,000 30,000 Number of parts 90,000 160,000 Overhead applied to P2 using activity-based costing is.......?

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