After reviewing the new activity-based costing system that Janis McGee has implemented at Joplin industries's Port Arthur manufacturing facility, Kris Kristoff the production supervisor, belleves that he can reduce production costs by reducing the time spent on machine setups. He has spent the last month working with employees in the plant to change over the machines more quickly with the same reliability. He plans to produce 107,000 units of J25P and 43,500 units of J4OX in the first quarter. He believes that with his more efficient setup routine, he can reduce the number of setup hours for both the J2SP and the J40X products by 32 percent JAOX J25P $1,507.000 $2,414,000 $ 757,000 997,000 $1,754.000 $3.261,000 $ 614,000 374,000 $988.000 $3.402.000 Direct material Direct labor Assembly Packaging Total direct labor Direct costs Overhead Assembly building Assembling (@$30 per mh) Setting up machine (@$900 per setup hour) Handing material ($3,000 per run) Packaging building Inspecting and Packing ( per direct labor hour) Shipping ( 51,320 per shipment) Total ABC overhead Total ABC cost Number of units Ut cost $ 194,000 39,500 27.500 $914,000 367,000 127.000 314000 139.000 $714.000 $375 000 107 000 $ 37.15 121.000 278 000 $107.000 35 200 000 631500 S 119.75 Required Compute the amount of overhead allocated to the J25P and the JAOX cameras for the first quarter using activity-based costing. Assume that all events are the same in the first quarter as in the third quarter except for the number of setup hours Assume the cost of a setup hour remains at $900 Total ABC Overhead PSP