You have an option to provide the calculation process for this question. V3 (please write this version number if you provide the workings in the document submitted to Turnitin) (3 marks) Mt Panorama Racing Corporation manufactures two models of motorised go-carts, a standard and a deluxe model. The following activity and cost information has been compiled: Product Number of Set-ups Number of Components Number of Direct Labour Hours Standard 15 10 200 Deluxe 35 15 800 Cost driver Number of Set-ups Activity Set-ups Machine-related Inspections Total cost $30,000 $50,000 $60,000 Number of machine hours Number of direct labour hours The number of set-ups and the number of components are identified as activity-cost drivers for overheads. An activity-based costing system is used. What is the total amount of overhead cost assigned to the deluxe model? The system only recognizes the number. Please do not include a dollar sign, other text, or commas separator and keep 0 decimal place. e.g., 12345