Edlie Accessories (EA) makes travel bags, both for sale under their own label (Branded") and for other tesellers to put their label on the bags ("Private-Label") The bags sold through the two channeis are similar, but they differ shightly in the quality of materials and detail in the manufocturing process. The manufacturing plant at EA has two departments. Department A-101 wos the originat manufacturing fac ity and thany of the machines are onginal Department A.102 is new, with stote-of the-art equipment. The new equipment focilitates the additional core token with the Branded product. The following information pretents finoncialtesults for the fwo models from lect year: The product costing system ot EA allocates manufecturing overhesd on the bess of drect lobor costs Required: 6. Compute the prolt or loss for each product using plontwide allocotion. b. Compute the profir or loss for each product using department aliocetion. Note: Fer all tequirements, loss amounts should be indicated by 6 minus sign. Do not roundintermediate celculetions. Enter your snswers rounded to the nesest whole number. The product costing system at EA aliocates manufocturing overheod on the basis of direct iabor costs. Required: s. Compute the profit or loss for eoch product using plantwide allocotion b. Compute the profit or loss for each product using department allocation. Note: For all requirements, loss smounts should be indicnted by a minus sign. Do not round intermediate calculetions. Enter your answers rounded to the nesrest whole number. Edlie Accessories (EA) makes travel bags, both for sale under their own label (Branded") and for other tesellers to put their label on the bags ("Private-Label") The bags sold through the two channeis are similar, but they differ shightly in the quality of materials and detail in the manufocturing process. The manufacturing plant at EA has two departments. Department A-101 wos the originat manufacturing fac ity and thany of the machines are onginal Department A.102 is new, with stote-of the-art equipment. The new equipment focilitates the additional core token with the Branded product. The following information pretents finoncialtesults for the fwo models from lect year: The product costing system ot EA allocates manufecturing overhesd on the bess of drect lobor costs Required: 6. Compute the prolt or loss for each product using plontwide allocotion. b. Compute the profir or loss for each product using department aliocetion. Note: Fer all tequirements, loss amounts should be indicated by 6 minus sign. Do not roundintermediate celculetions. Enter your snswers rounded to the nesest whole number. The product costing system at EA aliocates manufocturing overheod on the basis of direct iabor costs. Required: s. Compute the profit or loss for eoch product using plantwide allocotion b. Compute the profit or loss for each product using department allocation. Note: For all requirements, loss smounts should be indicnted by a minus sign. Do not round intermediate calculetions. Enter your answers rounded to the nesrest whole number