2.50 Darter Company manufactures two products, widgets and cogs. The company expects to produce and sell 4,000 widgets and 5,000 cogs during the current year. The company uses activity-based costing. Darter has identified three overhead activity cost pools and their related cost drivers: (1) Engineering design, driven by design hours: (2) Product testing, driven by the number of product tests; and (3) General factory, driven by machine hours. Data relating to the estimates for the company's three activity cost pools are given below for the current year: Estimated Overhead Estimated Cost Driver Activity Cost Pool Cost Widgets Cogs Engineering design $ 24,000 550 Product testing $ 60,000 700 500 General factory $140,000 5.500 3.500 Darter Company's actual activity in March for Widgets is presented below Cost Driver Activity Cost Pool Widgets Engineering design 20 Product testing 60 General factory 420 NOTE: All answers must be in the format Sad, ddd ($22.222). If a question asks for a rate, the answer must be in the format ddddd/driver ($222/DLH) Use the following abbreviations DLH: Direct Labor Hours DH: Design Hours PT: Product Tests MH: Machine Hours Using the traditional upproach, the applied overhead rate for Darter Company based on machine hours le type your anwer Using the activity based costing approach the applied overhead rate for engineering design is type your answer Using the activity based costing approach the applied overhead rate for product testing is type your Use the following abbreviations DLH: Direct Labor Hours DH: Design Hours PT: Produet Tests MH: Machine Hours Using the traditional approach, the applied overhead rate for Darter Company based on machine hours is type your answer. Using the activity-based costing approach, the applied overhead rate for engineering design is type your answer... Using the activity based costing approach, the applied overhead rate for product testing is type your answer. Using the activity-based costing approach, the applied overhead rate for general factory is type your answer Using the activity-based costing approach the applied overhead assigned to Widgets during March was type your