$5.$ The company currently uses a traditional costing method in which overhead is applied to products based solely on direct labor$-$hours. Compute the company's predetermined overhead rate under this costing method.

$6.$ How much overhead would be applied to each product under the company's traditional costing method?

$7.$ Determine the unit product cost of each product under the company's traditional costing method.

$8.$ Compute the activity rates under the activity$-$based costing system.

$9.$ Determine how much overhead would be assigned to each product under the activity$-$based costing system.

$10.$ Determine the unit product cost of each product under the activity$-$based costing method.

$11.$ What is the difference between the overhead per unit under the traditional costing method and the activity$-$based costing system for each of the two products?

$12.$ What is the difference between the unit product costs under the traditional costing method and the activity$-$based costing system for each of the two products?

$13.$ Interpret the findings derived from the simple costing and the ABC and advice the CEO how might the management use the new cost information from its activity$-$based costing system to better manage the business?