Cost Driver Volume Activity Cost Driver Cost Pencils Pens Setting up Inspecting Number of setups Number of parts $109,200 20 32 26,100 3 6 Packing and shipping Number of boxes shipped Total overhead 67,500 $202,800 50,000 85,000 Required: a. Compute the amount of overhead to be allocated to each product under activity-based costing. b. Compute the amount of overhead to be allocated to each product using labor-hours as the allocation base. Assume that the number of labor-hours required to assemble each box is 0.1 for pencils and 0.2 for pens and that 50,000 boxes of pencils and 85,000 boxes of pens were produced during the period. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of overhead to be allocated to each product under activity-based costing. (Do not round intermediate calculations.) Pencils Pens Overhead