5. Graf Company manufactures two products (XX and YY). The overhead costs ($204,000) have been divided into four cost pools that use the following activity drivers: Number Number SetupsOrders 150 Machine Packing Orders 0 of 60 40 1,500 2,500 100 60 50 Cost per pool $36,000 $54,000 $50,000 $64,000 Required: Additionaly, Graf incurred the following amboints of direct materialsand direct labor on products M and N: otal Direct materials Direct labor $50,000 45,000 $95,000 $40,000 $90,000 80,000 Total 75,000 170,000 Required: a. Determine the single plantwide factory overhead rate using machine hours as the allocation base. b. Determine the total overhead costs assigned individually to products XX and YY using the single plantwide factory overhead rate determined in part (a) above. Determine the activity rate for each activity. Determine the total activity (overhead) costs assigned products XX and YY using the activity c. d. rates found in part c. e. Determine the total product costs assigned to products XX and YY using the activity rates found in part c