Parker Systems produces two different products (Product 1 and Product 2), is considering whether to use ABC versus Tradition costing For ABC costing Pod time manufacturing overhead: Design, which uses Engineering Hours as an activity driver, Machining which uses machine hours as an activity dive and inspection, which bei if Parker used traditional costing, they would use machine hours to allocate the cost The cost of each activity and usage of the activity drivers are as follows: Activity (Driver) Total Ostimated cost Usage by Product 1 Usage by Product 2 Design (ongineering $118,000 190 260 hours) Machining (machine $191,000 2.410 1,380 hours) 50 70 Inspection (Batches) $54,000 sing traditional costing, what is the total manufacturing overhead that wil be allocated to Product 1