Allocate overhead costs using ABC and compare with traditional costing.

Overhead Cost Pools	Total Overhead ($)	Cost Driver
Setup Costs	$150,000	Number of setups
Machine Maintenance	$300,000	Machine hours
Other Support Costs	$200,000	Direct labor hours
Total Direct Costs	-	-

Requirements:

Allocate overhead costs to products using ABC with respective cost drivers.

Compare the overhead allocation with traditional costing methods.

Discuss the advantages of ABC over traditional costing for cost allocation.