Kiner Co. computed an overhead rate for machining costs ($700000) of $5 per machine hour. Machining costs are driven by machine hours. If computed based on direct labor hours, the overhead rate for machining costs would be $10 per direct labor hour. The company produces two products, Cape and Chap. Cape requires 72000 machine hours and 20000 direct labor hours, while Chap requires 48000 machine hours and 30000 direct labor hours. Using activity-based costing, machining costs assigned to each product is Windsor Co. incurs $881250 of overhead costs each year in its three main departments, machining ($500000), inspections ($250000) and packing (\$131250). The machining department works 4000 hours per year, there are 600 inspections per year, and the packing department packs 1000 orders per year. Information about Windsor's two products is as follows: If traditional costing based on direct labor hours is used, how much overhead is assigned to Product X this year? $212604$440625$428036$305048 A company incurs $4172000 of overhead each year in three departments: Ordering and Receiving, Mixing, and Testing. The company prepares 2000 purchase orders, works 50000 mixing hours, and performs 1500 tests per year in producing 200000 drums of Goo and 600000 drums of Slime. The following data are available: Production information for Goo is as follows: Compute the amount of overhead assigned to Goo. $1629809$1306000$2086000$1043000