Production workers for Thornton Manufacturing Company provided $5,500$ hours of labor in January and $2,300$ hours in February. The

company, whose operation is labor intensive, expects to use $48,900$ hours of labor during the year. Thornton paid a $$127,140$ annual

premium on July $1$ of the prior year for an insurance policy that covers the manufacturing facility for the following $12$ months.

Required

Based on this information, how much of the insurance cost should be allocated to the products made in January and to those made in

February?

Note: Do not round intermediate calculations.