PNW Inc. provided the data below from its activity-based costing system: Activity Cost Pool Assembly Processing orders Inspection Total Cost $1,159,720 $ 98,490 $ 152,721 Total Activity 79,000 machine-hours 2,100 orders 2,130 inspection-hours PNW manufactures 450 units of product MS70P a year, requiring a total of 680 machine-hours, 40 orders, and 20 inspection-hours per year. The product's direct materials cost is $37.32 per unit and its direct labor cost is $30.26 per unit. Using the activity-based costing system, the average cost of product MS70P is: O $67.58 per unit $93.93 per unit. $97.12 per unit. O $92.95 per unit. Pearson Brothers recently reported a switch to activity-based costing (ABC) from the department allocation method. The department method allocated overhead costs at a rate of $70 per machine hour. The manager for the Finishing Department has gathered the following data: Activity Material handling Machine setups Utilities Quality control Cost Drivers Tons of material handled Number of production runs Machine hours Number of inspections Amount $ 90 3,450 20 $ 550 During May, Pearson purchased and used $125,000 of direct materials at $20 per ton. There were eight (8) production runs using a total of 10,000 machine hours in May. The manager of the Finishing Department needed 12 inspections. Actual overhead costs totaled $845,000 for the month. Using ABC, how much overhead costs were applied to the Work-in-Process Inventory during May? O $796,700. $741,700 $845,000 $700,000