Foxx Company incurs $480,000 overhead costs each year in its three main departments, setup ($30,000), machining ($330,000), and packing ($120,000) The setup department performs 40 setups per year, the machining department works 5,000 hours per year, and the packing department packs so0 orders per year. Information about Foxx's two products is as follows Product A1 Product B1 Number of setups 1,000 150 600 20 4,000 350 Orders packed Number of products manufactured If machining hours are used as a base under traditional costing, how much overhead is assigned to Product A1 each year? A. $96,000 8. $240,000 ?.$165,000 D.$144,000 Question 8 of 34 8