For

x=5, y=3, z=6, t=5,

Q-1) Company X produces dining chairs and tables. The following budget information is available: Item Dining Chairs Tables Total Cost Machine Setups Inspections Labor Hours 2x0 250 2,t00 600 TLAB,00 4z0 TL72,000 2,4g0 (a) (16 points) Compute total machine setups and inspection costs assigned to each product, using plantwide method if the allocation base is labor hours (b) (16 points) Compute total machine setups and inspection costs assigned to each product, using ABC. (c) (4 points) Should Company X use plantwide or ABC method? Why? Explain