canvas.wayne.edu/courses/98252/assignments/682568 BE17-8, 11, E17-1.5, and P17-2A from the text Send to Gradebook Prev Ned Question 3 two types of handbags: standard and custom The controliler has decided to use a plantwide overhead rate based on direct labor costs The president has heard of activity-based costing and wants to see how the results would difer if this system were used. Two activity cost pools were developed machining and machine setup Presented below is information related to the company's operations Standard Custonm Direct labor costs $40,000 $95,000 1100 1.100 95 370 Machine hours Setup hours Total estimatsd overhead costs are $ 295,000Overhad cost llocaeed to the machining activity cost pool s $ 195000 and $ 100.000 is allcsd to ths machine setup activity cost pool Computs the overhsad rabs using the tradisional (planwlde approach Round answer to 2 decimaf places, es 1225 ofdirect labor cost Attempts: 0 of 7 used to search