Exercise 7-4 (Algo) Second-Stage Allocation [LO7-4] 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 5 8 per direct laborhour Machine processing $ 3 per machinehour Machine setups $ 50 per setup Production orders 5 150 per order Shipments $ 125 per shipment Product sustaining $ 775 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 laborhours 1,000 50 Machinehours 3,600 40 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 K425 and M67 using the activitybased costing system? Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Total overhead cost