Activity Based Costing Auburn, Inc.'s overhead costs of $700,000 consist of machining $400,000; inspecting $200,000; and packaging $100,000. Machining works 4,000 hours a year, 500 inspections occur each year, and 1,000 packing order occur each year. Information on the company's two products are as follows: Determine how much overhead is allocated to Omega assuming the use of a single overhead rate (based on direct labor hours) and assuming the use of ABC, respectively