The following information was drawn from the accounting records of Marlin Manufacturing Co. Product 3 Product 1 $55,000 Direct Material Cost Product 2 $ 60,000 $100,000 3,000 hours $ 65,000 $110,000 Direct Labor Cost $90,000 Direct Labor Hours 2,400 hours 3,200 hours Factory overhead is estimated to be $165,000 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 O C $49,500 $194,500 $200,413 $215,350