1100 on 17 (5 points) information is available: All Wood Corporation manufactures dining chairs and tables. The following Activity Volunte Net Diruing Chairs CAVA Machine setups 50 75 Inspections 300 SIAMO Labour hours 700 34X All Wood is considering switching from one overhead rate based on labour hours to activity-based costing. Instructions Perform the following analyses of overhead for these two products: a) Calculate total machine setyps and inspection costs assigned to each product, using a single overhead rate. b) Calculate total machine setups and inspection costs assigned to each product, using activity-based costing. c) Comment on your findings