Exerc 17-03 at 1.62 (Video) (Part Level Submission) Moottorted overhead costs of 1,046,200 to allocated overed on alatwia to w products (wool and cotton) nec lobor hours with a strated to be 57.000 for the carent year the companys decided to experiment with adivity based on and has created two adivity cost pools and related cont dever these two costos recuno (stres machine and dedo de number of setups Over allocated to the cutting costs 5417,600 and 5678.600 ched to the design costo sitional Information related to the pool as follow Wool Cotton Total de hours 116,000 110,000 20.000 1.160 Sho (1) Ymwer recent Calculate the head using it baco.costing (Round answers to decimal places. e. 12.25.) Overhead rates for activity based coating Cutting Ladier 300 hp Click it you would like to show Work for this question Open Show Worx ent MESSAGE MY INSTRUCTOR CALCULATOR Determine the amount of overhead allocated to the wool product line and the cotton product line using activity based costing Wool product line Cotton product line Overhead Allocated 661200 435000 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEXT LINK TO TEXT Atten (11) Calculate the overhead rate using traditional approach. (Round answer to 2 decimal places, e.g. 12.25.) Overhead rates using the traditional approach per direct labor hour Click if you would like to Show Work for this question: Open Show Work LK TO TEXT LINK TO TEXT Attempts: 0 of