Using activity$-$based costing, overhead is applied using the related cost driver $-$ machine step$-$ups, machine hours, and inspections, for each of the three cost pools. The rate is multiplied by the actual activity for each cost object.

Crane Company manufactures two products, Velveeto and Fondant. Crane has estimated overhead costs as follows: setting up machines $($$$198000),$ machining $($$$311880)$ and inspecting $($$$111800).$ Information on the two products follows:

Velveeto and Fondant

$q,$

Direct labor hours

$\backslash$table$[[$Velveeto$,73000],[$Fondant$,113000]]$

Machine setups

Velveeto $3700$

Fondant $2900$

Machine hours

$\backslash$table$[[$Velveeto$,109000],[$Fondant$,117000]]$

Inspections

$\backslash$table$[[$Velveeto$,4500],[$Fondant$,4100]]$

If Crane uses ABC, how much overhead will be applied to Velveeto?

$$508750$

$$310750$

$$621680$

$$319920$