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Boswell Company Manufactures Two Products, Regular and Supreme Overhead Applied to Regular Using Traditional Costing Using Direct Labor

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Boswell Company manufactures two products, Regular and Supreme. Boswell's overhead costs consist of machining, $3,000,000; and assembling, $1,500,000. Information on the two products is:  Regular  Supreme  Direct labor hours 10,00015,000 Machine hours 10,00030,000 Number of parts 90,000160,000\begin{array} { l c c } & \text { Regular } & \text { Supreme } \\\text { Direct labor hours }& 10,000 & 15,000 \\\text { Machine hours } & 10,000 & 30,000 \\\text { Number of parts } & 90,000 & 160,000\end{array} Overhead applied to Regular using traditional costing using direct labor hours is


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