Suppose Vulcan Forge decides to allocate the $16,000,000 in overhead costs on the basis of direct labor hours. Each 5-ton hook requires 25 labor hours, and each 10- on hook requires 42.50 labor hours. Verify that Vulcan would allocate $7,500,000 in overhead to the 5-ton hooks and $8,500,000 in overhead to the 10-ton hooks. Suppose Vulcan Forge decides to allocate the $16,000,000 in overhead costs on the basis of direct labor hours. Each 5-ton hook requires 25 labor hours, and each 10- on hook requires 42.50 labor hours. Verify that Vulcan would allocate $7,500,000 in overhead to the 5-ton hooks and $8,500,000 in overhead to the 10-ton hooks