The following information was drawn from the accounting records of Queen Manufacturing Co roduct 2 Product 1P $35,000 $50,000 Direct Labor Hours | 1,200 hours1,800 hours2,000 hours Direct Material Cost$25,000 $30,000 40,000 Direct Labor Cost Factory overhead is estimated to be $48,000 and is applied on a basis of direct labor dollars. This overhead cost is not traceable to any particular product. Product 2's total product costs are $