1. Truax manufactures and sells two products: Product V9 and Product M6. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production 380 480 Direct Labor-Hours Per Unit 9.8 6.8 Product V9 Product M6 Total direct labor-hours Total Direct Labor- Hours 3,724 3,264 6,988 The direct labor rate is $25.60 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit $277.60 S170.80 Product V9 Product M6 The company is considering adopting an activity- based costing system with the following activity cost pools, activity measures, and expected activity: Expected Activity Activity Cost Pools Labor-related Product testing Activity Measures DLHs Tests Estimated Overhead Cost $ 96,656 71,208 388,00 0 555,86 Product V9 3,724 720 4,300 Product M6 3,264 960 3,920 Total 6,988 1,680 Order size MHS 8,220 What is the cost of each product under traditional method of applying overhead (using a plant-wide overhead rate)? (Show work to support your answers.)( 4 Points) What is the cost of each product using activity-based costing overhead rates? (Show work to support your answers.) (6 Points)