The following information was drawn from the accounting records of Marlin Manufacturing Co. Direct Material Cost Direct Labor Cost Direct Labor Hours Product 1 $25,000 $30,000 Product 2 $30,000 $40,000 Product 3 $35,000 $50,000 1,200 hours 1,800 hours 2,000 hours Factory overhead is estimated to be $30,000 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