MC TOOLS makes hammers. The requirements to make 1 hammer are: Materials .5 pounds at a cost of $9 per pound Labor 15 minutes per hammer at a cost of $10 per hours Variable Overhead is assigned at 25% of labor and fixed overhead is $140,000 monthly MC TOOLS sales in March were 500,000 units Projected Sales are: An increase of 1% in April (from march sales) May sales projection are 510,000 units MC TOOLS finished goods inventory policy is to keep in inventory 40% of next month sales. Actual inventory is 190,000 units. MC TOOLS raw materials inventory policy is to keep in inventory 50% of next month production. Actual inventory is 260,000 pounds. May production is expected to be 510,000 units REQUIRED: CALCULATE TOTAL OVERHEAD COST IN APRIL PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES DON'T USE COMMA SEPARATORS