Computer Parts, Inc., a manufacturer of computer chips, employs activity-based costing. The following budgeted data for each of the activity cost pools is provided below for the year 2010.
Activity Cost Pool Estimated Overhead Expected Use
of Cost Drivers per Activity
Ordering & receiving $ 88,500 15,300 orders
Etching 475,700 59,700 machine hours
Soldering 1,758,000 439,000 labor hours
For 2010, the company had 11,000 orders and used 50,000 machine hours, and labor hours totaled 500,000.
What is the total overhead applied?