AnnKay Company manufactures two products, Vand F. AnnKay Company has estimated overhead costs as follows: setting up machines ($160,000), machining ($300,000) and inspecting ($100,000). Information on the two products follows: V F Direct labor hours Machine setups 60,000 100,000 2,400 1,600 Machine hours 96,000 104,000 Inspections 3,000 2,000 If AnnKay Company uses ABC, how much overhead will be applied to V? $280,000 $300,000 $440,000 $560,000