The following information was drawn from the accounting records of Marlin Manufacturing Co. Product 1 Direct Material Cost $40,000 Product 2 $45,000 Product 3 $50,000 Direct Labor Cost $60,000 $70,000 $80,000 1,800 hours 2,400 hours 2,600 hours Direct Labor Hours Factory overhead is estimated to be $84,000 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