EX Hola Computer Company, which has been in operation for ten years, produces ane of minicomputers for eighty minicomputers Herina recently shifted to an ectivity-based system of cost assignment. Sandra Alvarez, the controller, is interested in roding out materials, production labor costs fort he Holstrum order are as follows: Cost of raw materials Cost of purchased parts $36,750 $21,300 Other operating costs are as follows: Production direct labor hours Average direct labor pay rate 220 $15.25 Work cell setup Traditional costing data using single, plantwide overhead rate: Manufacturing overhead costs were assigned at a rate of 270 percent of direct labor dollars Activity-based costing data: Cost Pool Rates: $19.50 per engineering hour Activities Electrical engineering design Cost Drivers Engineering hours Number of setups Machine hours Cell hours $29.40 per setup $32.80 per cell hour Cell hours $17.50 per cell hour Parts production work cell Product testing cell Packaging work cell Required: $26.30 per machine hour Activity Usage for Holstrum Order 32 engineering hours 11 setups 134 machine hours 52 cell hours 22 cell hours Building occupancy-related overhead costs are allocated at a rate of $9.80 per parts production work cell machine hour. 1.Using the traditional costing approach, compute the total cost of the Holstrum order. 2. Using the activity-based costing approach, compute the total cost of the Holstrum order.