The following information was drawn from the accounting records of Marlin Manufacturing Co. Direct Material Cost Direct Labor Cost Direct Labor Hours Product 1 Product 2 $50,000 $55,000 Product 3 $ 60,000 $80,000 $90,000 $100,000 2,200 hours 2,800 hours 3,000 hours Factory overhead is estimated to be $135,000 and is applied on a basis of direct labor dollars. This overhead cost is not traceable to any particular product. The total cost of Product 1 is Multiple Choice $40,000 $170,000 $175,168 $188,224