MC TOOLS makes hammers. The requirements to make 1 hammer are: Materials.5 pounds at a cost of $10 per pound Labor 6 minutes per hammer at a cost of $12 per hour Variable Overhead is assigned at 20% of labor and fixed overhead is $140,000 monthly MC TOOLS sales in March were 500,000 units Projected Sales are: An increase of 2% in April (from march sales) May sales projection are 515,000 units MC TOOLS finished goods inventory policy is to keep in inventory 40% of next month sales. Actual inventory is 180,000 units. MC TOOLS raw materials inventory policy is to keep in inventory 50% of next month production. Actual inventory is 250,000 pounds. May production is expected to be 512,000 units REQUIRED: CALCULATE APRIL'S TOTAL OVERHEAD COST PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS