Suppose that a company applies its overhead costs to its products using activity based costing and it has two activities: machining and assembly. The overhead application rate for machining is $32 per machine hour and for assembly it is $14 per DL hour. The company has just finished a job which used 40 machine hours and 25 DL hours. What is the overhead cost to be applied to this job? $350 $1,360 $1,280 D $1,630