Cottonwood, Incorporated produces two products (Standard and Luxury) using two activities: Machining, which uses machine hours as the cost driver, and Inspection, which uses the number of batches as the cost driver. The cost of Machining is $264,000, while the cost of Inspection is $43,000. Standard uses 27% of total machine hours and 40% of total batches. What is the total activity cost assigned to Luxury