PROBLEM 1 (23 pts.) Upton Cycling produces two models of bicycles called Racer and Trailmaster. It uses activity-based costing to assign overhead to its two products from three activity pools. Data for the assigning of overhead is as follows: USE OF DRIVER BY PRODUCT Activity OH amount Cost Driver Total activity Racer Trailmaster DM acquisition $8.000 Purchase orders 50 orders 10 orders 40 orders Fabricating $60,000 Machine hours 4,000 MH 1,800 MH 2,200 MH Finishing $40,000 Labor time 1,000 DLH 450 DLH 550 DLH Required: Prepare a table showing the total amount of overhead allocated to each model of bicycle