ABC; product profitability Outerwear Inc. is concerned about the profitability of its regular gloves. Company managers are considering producing only the top-quality, fleece lined, gloves. The company is currently assigning the $2,800,000 of overhead costs to both types of gloves based on machine hours. Of the overhead, $1,120,000 is utilities related and the remainder is primarily related to quality control inspectors' salaries. The following information about the products is also available. Regular Fleece-Lined Number produced 2,000,000 1,400,000 Machine hours 170,000 30,000 Inspection hours 10,000 50,000 Revenues $8,960,000 $7,840,000 Direct costs $7,000,000 $6,160,000 a. Determine the total overhead cost assigned to each type of gloves using the current allocation system. Total OH assigned to regular gloves: $ Total OH assigned to fleece-lined gloves: $ b. Determine the total overhead cost assigned to each type of gloves if more appropriate cost drivers were used. Total OH assigned to regular gloves: $ Total OH assigned to fleece-lined gloves: $ c. Determine the profit before tax for regular and fleece-lined gloves based on the overhead cost assignment in part (b). Profit before tax for regular gloves: $ Profit before tax for fleece-lined gloves: $