Concord Corporation manufactures titanium and aluminum tennis racquets. Concord's total overhead costs consist of assembly costs and inspection costs. The following information is available regarding activity cost pools, estimated use of activities per product, and total estimated overhead costs: Activity Cost Pools Assembly Titanium Aluminum Total Cost 500 mach. hrs 500 mach. hrs $53000 Inspections 350 150 $106000 2100 labor hrs. 1900 labor hrs. Concord is considering switching from one overhead rate based on labor hours to activity-based costing. Using activity-based costing, what amount of inspections cost is assigned to titanium racquets? $106000. $74200. $53000. $62300.