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Current Attempt in Progress Oriole, Inc. produces two types of gas grills: a family model and a deluxe model. Oriole's controller has decided to use

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Current Attempt in Progress Oriole, Inc. produces two types of gas grills: a family model and a deluxe model. Oriole's controller has decided to use a plantwide overhead rate based on direct labor costs. The president of the company recently heard of activity-based costing and wants to see how the results would differ 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: Total estimated overhead costs are $448,200. Overhead cost allocated to the machining activity cost pool is $268,920 and $179.280 is allocated to the machine setup activity cost pool. Your answer is correct. Compute the overhead rate using the traditional (plantwide) approach. (Round answer to 2 decimal places, es. 15.25.) Overhead rate Your answer is correct. Compute the overhead rates using the activity-based costing approach, (Round answers to 2 decimal places, eg. 15.25.) Determine the difference in allocation between the two approaches

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