Exercise 172 Hayward Industries manufactures dning chairs and tables. The following information is available Dining Chairs Tables Total Cost Machine setups Labor hours Hayward is considering switching from one overhead rate based on labor hours to activity-based costing 200 600 $48,000 250 470 $2,000 2,800 2,400 Perform the following analyses for these two components of overhead Compute total machine setups and inspection costs assigned to each product, using a single overhead rate. Dining cheirs s Compute total machine setups and inspection costs assigned to each product, using activity-besed costing. Dining chairs ty click if you would like to Show Work for this questions Open Show. Weok MacBook Pro 3 5 6 command