Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to action to each product line, the controller, Robert Hermann, has developed the following information Car Truck Estimated wheels produced 40,000 11.000 Direct labor hours per wheel 1 3 Total estimated overhead costs for the two product lines are $546,800 (21) Calculate overhead rate (Round answer to 2 decimal places, 08.12.25) Overhead rate $ per direct labor hour e Textbook and Media Ayala Inc. has conducted the following analysis related to its product lines, using a traditional costing system (volume-based and an activity-based costing system. Both the traditional and the activity-based costing systems include direct materials and direct labor costs Products Product 540X Product 1377 Product 2495 Sales Revenue $207.000 155.000 85.000 Total Costs Traditional ABC $54,000 $48.700 50,000 33000 11,000 33.300 (a) For each product line.compute operating income using the traditional costing system Product 540X 5 Product 1377 $ Product 2495 $