A company has the following overhead costs and activities: Estimated Overhead Expected Activity Activities and Activity Measures Cost Product V Product W Product X Machine setups (setups) $7,234.50 69 12 10 Processing customer orders (orders) $3,565.50 20 9 21 Assembling products (assembly-hours) $9,178.00 492 697 111 1. 2. If the company allocates overhead to products using assembly hours as the single allocation base, how much overhead will be allocated to product X? A. B. $1,706 $784 C. $618 D. $304 How much overhead cost would be assigned to Product V using the activity-based costing system? A. $158 B. $91,722 C. $10,385 3. D. $5,485 After changing from the traditional costing system that uses assembly hours as the single allocation base to activity-based costing, overhead costs assigned to Product W would be: A. increased by $5,803. B. increased by $4,194. C. decreased by $5,803. D. decreased by $4,194.