(1.6-9) Timed ( 2hr ), one attempt, must b._- i Isadore's implements, Inc, manutactures pens and mechanical pencils orten used tor girts. Uvernead costs are currentiy allocated using direct labor-hours, but the controller has recommended an activity-based costing system using the following data. Required: a. Compute the amount of overhead to be allocated to each product under activity-based costing. b. Compute the amount of overhead to be allocated to each product using labor-hours as the allocation base. Assume that the number of labor-hours required to assemble each box is 0.1 for pencits and 02 for pens and that 50,000 boxes of pencits and 65,000 boxes of pens were produced during the period: Complete this question by entering your answers in the tabs below. Compute the amount of overhead to be allocated to each product under activity-based costing. (0o not rouns infermadiate calculationti) Required: a. Compute the amount of overhead to be allocated to each product under activity-based costing. b. Compute the amount of overhead to be allocated to each product using labor-hours as the allocation base. Assume that the numb of labor-hours required to assemble each box is 0.1 for pencils and 0.2 for pens and that 50.000 boxes of pencis and 65,000 boxes o pens were produced during the period. Complete this question by entering your answers in the tabs below. Compute the amount of overhead to be allocated to each product using labor-hours as the allocation base. Assume that the " number of labor-hours required to assemble each box is o.1 for pencils and 0.2 for pens and that 50,000 boxes of pencils and 65,000 boxes of pens were produced during the period. (Do not round intermediate. calculations and rocond your tinal answers to the nearest whole doliar.)