The following information was drawn from the accounting records of Queen Manufacturing Co Product 1 Product 2 $25,000 $30,000 Direct Material Cost $35,000 $30,000 $40,000 $50,000 Direct Labor Cost Direct Labor Hours 1,200 hours1,800 hours 2,000 hours Factory overhead is estimated to be $348,000 and is applied on a basis of direct labor hours. This overhead cost is not traceable to any particular product Factory overhead allocated to Product 2 is S