Exercise 7-4 (Algo) Second-Stage Allocation (L07-4) 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: Activity Cost Pool Activity Rates Supporting direct labor $ 7 per direct labor-hour Machine processing $ ) per machine-hour Machine setup $ 45 per setup Production orders $ 160 per order Shipments $ 120 per shipment Product sustaining $ 850 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 Number of units produced per year 200 2,000 Direct labor-hours 1,175 30 Machine-hours 2,800 20 Machine setups 15 2 Production orders 15 2 Shipments 30 Product sustaining 2 Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system? Activity Cost Pool K425 M67 Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost $ 0$