Foxx Company incurs $480,000 overhead costs each year in its three main departments, setup (530,000), machining ($330,000) and packing ($120,000). The setup department performs 50 setups per year, the machining department works 5,000 hours per year, and the packing department packs 500 orders per year. Information about Foxx's two products is as follows: Product Al Product B1 Number of setups 20 Machining hours 1,000 4,000 Orders packed 150 350 Number of products manufactured 600 Using ABC, how much overhead is assigned to Product B1 each year? 30 400 O a $240,000 b. 5366,000 OC. $96,000 d. 5117,000