2F%252Fwconnect.meducation.com A To 00@ Urban Elite Cosmetics has used a traditional cost accounting system to apply quality control costs uniformly to all products at a rate of 18 percent of direct-labor cost. Monthly direct labor cost for Satin Sheen makeup is $99,000. In an attempt to more equitably distribute quality control costs, management is considering activity based costing. The monthly data shown as the following chart have bem gathered for Satin Sheen makeup Activity Cust Poul Incoming material inspection Cast Driver Type of material per type 14.00 per ander In-process Inspection Product certification Required: 1. Calculate the monthly quality-control cost to be assigned to the Satin Sheen product line under each of the following product costing systems. Traditional system, which assigns overhead on the basis of direct labor cost b. Activity-based costing 2. Does the traditional product costing system overcost or undercost the Satin Sheen product tine with inspect to quality contri costs? By what amount? Complete this question by entering your answers in the tabs below. Respered L Required 2 Calculate the monthly quality-contral cost to be assigned to the Sat Sheen product under the Traditional proting system and the Activity-based product-costing system. Assigned Cost Traditon system Acty had cost Help Save & Ext Submit