Peters, Inc. produces 3 products: P1, Q2, and R3. P1 requires 400 purchase orders, Q2 requires 600 purchase orders, and R3 requires 1,000 purchase orders. Petershas identified an ordering and receiving activity cost pool with allocated overhead of$240,000 for which the cost driver is purchase orders. Direct labor hours used oneach product are 50,000 for P1, 40,000 for Q2, and 110,000 for R3. How muchordering and receiving overhead is assigned to each product? P1 Q2 B2 $80,000 $80,000 $80,000 $60,000 $48,000 $132,000 $48,000 $72,000 $120,000 $54 000 $60,000 $126,000