Swifty Co. incurs $549000 of overhead costs each year in its three main departments, setup...

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Swifty Co. incurs $549000 of overhead costs each year in its three main departments, setup ($49000), machining ($407000), and packing ($93000). The setup department performs 50 setups per year, the machining department works 7500 hours per year, and the packing department packs 200 orders per year. Information about Swifty's 2 products is as follows: Number of setups Machining hours Orders packed Product One Product Two 30 20 3300 4200 100 100 Using ABC, how much overhead is assigned to Product One each year? O $549000 O $294020 O $274500 O $254980

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