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Problem 1 (10 points) Shoreline Products Corporation makes two products, Griffin and Huffle. Additional information about the company follows: Data Regarding the two product follows Direct material per unit Direct Labor-hour per unit Direct wage rate per hour Annual Production Griffin $15 0.5 $16 per hour 20,000 Huffle $100.3 $16 per hour 80,000 Activity Cost pool: Activity Griffin Huffle Total 70 90 160 Activity cost pool (and activity Estimated measure) Overhead costs Machine setups (number of setups) 20,000 Special Processing (machine hours) 200,000 General factory (direct labor hours) 300,000 3,000 1,000 4,000 10,000 24,000 34,000 Required: Determine the total cost of Griffin according to the ABC system. Show details of your working