Longview Manufacturing Company manufactures two products (I and II). The overhead costs ($60,500) have been divided into three cost pools that use the following activity drivers: 150 Number of Labor Product Number of Orders Transactions Labor Hours 500 2,000 Cost per pool $12,500 $8,000 $40,000 If the number of labor hours is used to assign labor costs from the cost pool, determine the amount of overhead cost to be assigned to Product I. a. $32,000 b. $ 9,600 OC $8,000 Cd. $58,000