Myra Inc. manufactures two products$10,000$ units of Product P and $7,000$ units of Product Q$.$ The company uses a plantwide overhead rate based on direct labour hours. It is considering implementing an activity$-$based costing $($ABC$)$ system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products P and Q: $($The total estimated overhead cost may not agree with the sum of allocated overhead costs to each product.$)$

Activity Cost Pool Activity Measure Estimated

Overhead Cost Expected Activity

Machining Machine$-$hours $ $157,00010,000$ MHs

Machine setups Number of setups $ $227,000200$ setups

Product design Number of products $ $51,4002$ products

General factory Direct labour hours $ $187,00012,000$ DLHs

Activity Measure Product P Product Q

Machining $6,0004,000$

Number of setups $50150$

Number of products $11$

Direct labour hours $8,0004,000$

Required:

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product P$?$