ng QUESTION COMPLETION STATUS: 7N 19410 12 16 alysis 23 24 270 590 31 32 33 34 35 36 37 38 30 40 42 s for Question 31 1 points SAVE ANSWER and Victory Lawn Mowers manufacture two models: the 'Standard' and the 'Enviro'. The factory currently utilises a factory-wide overhead allocation rate based on Direct Labour Hours with budgeted overhead for the year of $6,000,000. Budgeted production of mowers is 790,000 Standard model and 160,000 Enviro model. The business is considering adopting an Activity-Based Costing approach to overhead allocation and the budgeted usage and cost of each activity is detailed below. ating OH Activity OH Cost Cost Driver and Set Ups Laser Cutter Machining Assembly Packing $700,000 $600,000 $1,800,000 $1,400,000 $1,500,000 Number of Set ups Machine Hours Machine Hours Labour Hours Number of Orders Amount of Cost Driver Standard Enviro 30 60 40,000 10,000 60,000 35,000 40,000 10,000 200 400 es Using the ABC method of allocating costs, calculate the combined amount of overhead allocated to the Standard mower for its Laser Cutting and Machining activities (round answer to nearest $1). w T 11:58 AM 10/27/2020 TOOLEY