b) GasGoesFast currently manufactures two different types (Fast and Slow) of cars in 2021. The controller believes the costing system, which currently only uses test as a cost driver, may be providing misleading cost information. They would like you to provide the JE required using the two methods, traditional and ABC. Actual Budgeted ---- ---- Budgeted Budgeted hours hours hours "an hours 1) Using the traditional method i. Determine the company's predetermined overhead rate{s) applied 8: the overhead applied to Slow '10 ii. Provide the l'leH true up journal entry required for this method at the end of the year 5 2) Using the ABC method i. Determine the company's predetermined overhead rate{s) applied and the overhead applied to Fast 5 ii. Provide the l'leH true up journal entry required for this method at the end of the year 5