XYZ Ltd. uses activity-based costing (ABC) to allocate overhead costs. The company identified two cost pools: machine-related costs and setup costs. If the total overhead costs for the year were $195,000, and the activity drivers and rates were as follows: 8,500 machine hours at $16 per hour and 110 setups at $1,400 per setup, calculate the overhead cost allocated to a product requiring 750 machine hours and 12 setups.