Exercise $7-4($Algo$)$ Second$-$S$$age Allocation $[$LO$7-4]$

Klumper Corporation is a diversified manufacturer of industrial goods. The compan$\text{'}$s activity$-$based costi following six activity cost pools and activity rates:

$\backslash$table$[[$Activity Cost Pool,Activity Rate$],[$Supporting direct labor,$$8$ per direct labor$-$hour$],[$Machine processing,$$3$ per machine$-$hour$],[$Machine setups,$$40$ per setup$],[$Production orders,$$150$ per order$],[$Shipments$,$$ $115$ per shipment$],[$Product susta,$$775$ per product$]]$

Activity data have been supplied for the following two products:

$\backslash$table$[[,$Total Expected Activity,$],[,$K$425,$M$67],[$Number of units produced per year,$200,2,000],[$Direct labor$-$hours,$1,000,40],[$Machine$-$hours,$2,400,30],[$Machine setups,$15,3],[$Production orders,$15,3],[$Shipments$,30,3],[$Product sustaining,$3,3]]$

Required:

How much total overhead cost would be assigned to K$425$ and M$67$ using the activity$-$based costing system

$\backslash$table$[[$Activity Cost Pool,K$425,$M$67],[$Supporting direct labor,,$],[$Machine processing,,$],[$Machine setups,,$],[$Production orders,,$],[$Shipments$,,]]$