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me FYW Corporation is a manufacturer of dining chairs and tables with a budgeted overhead cost of $120,000. Initially, the company allocated overhead on a

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FYW Corporation is a manufacturer of dining chairs and tables with a budgeted overhead cost of $120,000. Initially, the company allocated overhead on a plantwide basis to its two products based on estimated direct labor hours, which amounted to 5,000 for the current year. However, the company has now opted to explore activity-based costing and established two activity cost pools along with their respective cost drivers (details provided below in the table). Specifically, $48,000 of overhead has been allocated to the machine setup pool, while the inspection pool has received an allocation of $72,000. Required: Determine the amount of overhead allocated to the dining chair product line and the table product line using activity-based costing

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