EXERCISE 7-4 Second-Stage Allocation [L07-4] Klumper Corporation is a diversified manufacturer of industrial g based costing system contains the following six activity cost pools and activity rates: oods. The company's activity Activity Cost Pool Supporting direct labor . . . . . .. $%6.00 per direct labor-hour Machine setups.. Shipments. . .. Activity Rates $50.00 per setup $90.00 per order $14.00 per shipment $840.00 per product Activity data have been supplied for the following two products: Total Expected Activity M67 K425 200 100 Number of units produced per year 2,000 500 1,500 4 4 10 Machine-hours Required: Determine the total overhead cost that would be assigned to each of the products listed above in the activity-based costing system