Waterway Co. incurs $159000 of overhead costs each year in its three main departments, setup ($9400), machining ($114000), and packing ($35600). The setup department performs 30 setups per year, the machining department works 4000 hours per year, and the packing department packs 400 orders per year. Information about Waterway's 2 products is as follows: Product One Product Two Number of setups 15 15 Machining hours 1100 2900 Orders packed 150 250 If machining hours are used as a base, how much overhead is assigned to Product One each year? O $46200 O $79500 $43725 $57000