Racer X Corporation manufactures two models of motorized go-carts, a standard and a deluxe model. The following activity and cost information has been compiled:

Standard: Number of Setups 15 Number of Components 10 Number of Direct Labor Hours 750

Deluxe: Number of Setups 35 Number of Components 15 Number of Direct Labor Hours: 500

Overhead Costs: Setups: $15000 Components $25000

Number of setups and number of components are identified as activity-cost drivers for overhead. Assume a traditional costing system applies the $40,000 of overhead costs based on direct labor hours. What is the total amount of overhead cost assigned to the standard model?

$25,500

$14,500

$15,000

$24,000