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Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next years expected costs and

Angler Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next years expected costs and activities are shown below.

Assembly Finishing
Direct labor hours 170,000 DLH 147,000 DLH
Machine hours 370,000 MH 86,950 MH
Overhead costs $ 370,000 $ 543,900

Assume that Angler Industries allocates overhead using a plantwide overhead rate based on machine hours. How much total overhead will be assigned to a product that requires 1 direct labor hour and 3.20 machine hours in the Assembly Department, and 4.00 direct labor hours and 0.5 machine hours in the Finishing Department?

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