2. (30 points) Three types of cordless vacuums are produced: A, B, and C. Direct costs for each product for a recent period are shown below: Direct materials cost Direct labor cost A $30,000 15,000 B $75,000 15,000 $100,000 25,250 a) Total manufacturing overhead was $64,200. Suppose all indirect manufacturing costs are allocated to products in proportion to their direct-labor costs. Compute the indirect manufacturing costs allocated to each product. Also, compute the total product costs for each type. b) If Accountants have identified the following three activities and related cost drivers for indirect manufacturing costs for a small cordless vacuum. Compute the indirect manufacturing cost allocated to each product with the activity-based costing system. Activity Materials handling Engineering Power Cost Driver Direct materials cost Engineering change notices Kilowatt hours Related Indirect Costs for the period $ 8,200 40,000 16,000 The cost-driver activities for the different products are given below: A B Kilowatt hours 24,000 10,000 Engineering change notices 5 8 C 30,000 3