Mammoth Corporation uses direct labor hours to allocate overhead to work$-$in$-$process. The company's budgeted overhead is $$420,000$ and it expects to produce $40,000$ ceramic elephants next period. It takes $2$ direct labor hours to produce one elephant. If Mammoth actually works $60,000$ direct labor hours, how much overhead should be allocated to the work$-$in$-$process inventory?

Multiple Choice

$$315,000$

$$210,000$

$$420,000$

$$630,000$