Cars Inc. makes two types of cars, Basic and Deluxe, and reports the following data to be used in applying activity based costing. The company budgets production of 12,000 Basic cars and 4000 Deluxe cars Activity Cost Pool Activity Cost Driver Number of Setups Number of Parts Machine Hours Cost Assigned to Pool Basic Deluxe 00,000.00 400 600 Setups Machine Setup Materials Handling Machine Depreciation (MH) Setups 20 Parts 40 parts per per unit unit 2 MH per 3 MH per unit 500,000.00 1,440,000.00 unit 2,240,000.00 Using the information above compute the TOTAL overhead to be allocated to the Deluxe Car Modelusing activity-based costing.. (Answer must contain NUMBERS ONLY, NO dollar signs or commas or words)