16. Cocoa Pet Corporation manufactures two models of grooming stations, a standard and a deluxe model. The following activity and cost information has been compiled. Assume a traditional costing system applies the $80,000 of overhead costs based on direct labor hours. A. What is the total amount of overhead costs assigned to the standard model? ($80,000 / (650 + 150)) x 650 = $65,000 b. What is the total amount of overhead costs assigned to the deluxe model? ($80,000 / (650 + 150)) x 150 = $15,000 Now assume that an activity-based costing system is used and that number of setups and number of components are identified as the activity-cost drivers for overhead. C. What is the total amount of overhead costs assigned to the standard model? Setups: $20,000 / (3 + 7) = $2,000 Components: $60,000 / (30 + 50) = $750 ($2,000 x 3) + ($750 x 30) = $28,500 d. What is the total amount of overhead costs assigned to the deluxe model