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Foxx Company incurs $340000 overhead costs each year in its three main departments, setup ($40000). machining ($215000), and packing ($85000). The setup department performs 40

image text in transcribed Foxx Company incurs $340000 overhead costs each year in its three main departments, setup ($40000). machining ($215000), and packing ($85000). The setup department performs 40 setups per year, the machining department works 5000 hours per year, and the packing department packs 500 orders per year. Information about Foxx's two products is as follows: Product A1 Product B1 Number of setups 20 20 Machining hours 1000 4000 Orders packed 150 350 Number of products 600 400 manufactured Using ABC, how much overhead is assigned to Product B1 each year? O $272000 O $170000 O $136000 O $251500

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