Activity-Based Costing for Service Industries with Hierarchical Cost Structure: A service company provides consulting services to clients with varying levels of complexity: Basic, Moderate, and Advanced. The company incurs overhead costs of $200,000, which it allocates based on the following cost drivers:

Basic: Number of clients (estimated at 200 clients)

Moderate: Number of clients (estimated at 100 clients)

Advanced: Number of clients (estimated at 50 clients) Allocate the overhead costs to each service using activity-based costing with a hierarchical cost structure.