Allure Company manufactures and distributes two products, M and XY. Overhead costs are currently allocated using the number of units produced as the allocation base. The controller has recommended changing to an activity-based costing (ABC) system. She has collected the following information: Activity Cost Driver Amount M XY Production setups Material handling Number of setups $ 96,000 Number of parts 12 28 46,000 42 28 Packaging costs Number of units 225,500 90,000 60,000 $367,500 What is the total overhead allocated to Product M using the current system?