Exercise $7-4($Algo$)$ Second$-$Stage Allocation $[$LO$7-4].$

Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity$-$based costing system contains the following six activity cost pools and activity rates:

$\backslash$table$[[$Activity Cost Pool,Activity Rate$],[$Supporting direct labor,$11$ per direct labor$-$hour$],[$Machine processing,$$4$ per machine$-$hour$],[$Machine setups,$$45$ per setup$],[$Production orders,$$150$ per order$],[$Shipments$,$$$125$ per shipment$],[$Product sustaining,$$800$ 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,$1,100,60],[$Machine$-$hours,$3,209,50],[$Machine setups,$13,2],[$Production orders,$13,2],[$Shipments$,26,2],[$Product sustaining,$2,2]]$

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$,,],[$Product sustaining,,$],[$Total overhead cost,,$]]$