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Peters, the produces 3 products: P1,Q2, and P3. P1 requires 400 purchase orders. Q2 requires 600 purchase orders, and R3 requires 1000 purchase orders. Peters

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Peters, the produces 3 products: P1,Q2, and P3. P1 requires 400 purchase orders. Q2 requires 600 purchase orders, and R3 requires 1000 purchase orders. Peters has identified an orderine and receiving activity cost pool with allocated overhead of $120000 for which the cost drlver is purchase orders. Direct labor hours used on each product are 50000 for P1, 40000 for 02 . and 110000 for R3. How much ordering and receiving overhesd is assigned to each product

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