XYZ Ltd. uses activity-based costing (ABC) to allocate overhead costs. The company identified three cost pools: machine-related costs, setup costs, and inspection costs. If the total overhead costs for the year were $250,000, and the activity drivers and rates were as follows: 15,000 machine hours at $10 per hour, 300 setups at $700 per setup, and 1,000 inspections at $100 per inspection, calculate the overhead cost allocated to a product requiring 1,200 machine hours, 10 setups, and 50 inspections.