All Wood Corporation manufactures dining chairs and tables. The following information is available: Dining Chairs Tables Total Cost Machine setups 200 600 $36,000 Inspections 250 470 $54,000 Labor hours 2,600 2.400 All Wood is considering switching from one overhead rate based on labor hours to ABC What is the overhead rate using the traditional method? QUESTION 2 All Wood Corporation manufactures dining chairs and tables. The following information is available: Dining Chairs Tables Total Cost Machine setups 200 600 $36,000 Inspections 250 470 $54,000 Labor hours 2.600 2.400 All Wood is considering switching from one overhead rate based on labor hours to ABC What is the activity based costing rate for each activity pool? Activity Estimated Overhead Cost Driver Overhead Rate Pool Setups Inspections All Wood is considering switching from one overhead rate based on labor hours to ABC. What is the overhead cost assigned to the DINING CHAIRS? Activity Cost Driver Used Pool ABC Overhead Rate O/H Cost Assigned Setups Inspections QUESTION 4 All Wood Corporation manufactures dining chairs and tables. The following information is available: Dining Chairs Tables Total Cost Machine setups 200 600 $36,000 Inspections 250 470 $54,000 Labor hours 2,600 2,400 All Wood is considering switching from one overhead rate based on labor hours to ABC: What is the overhead cost assigned to the TABLES? Activity Pool Cost Driver Used ABC Overhead Rate O/H Cost Assigned Setups Inspections