Grouper Industries manufactures dining chairs and tables. The following information ls avallable regarding the two products and their estimated use of cost drivers: Grouper is considering switching from one overhead rate baved on iabor hours to ABC. Pertorm the tollowing analyses for these two components of overhead: Compute total machine setups and inspection costs assigned to each product, using a single overhead rate. (Round overhead nate wolue to 3 decimal ploces, es. 52.711 and final answers to 0 decimal ploces, es. 5.275. Compute total machine setups and inspection costs assigned to each product, using activity-based costing: Compute total machine setups and inspection costs assigned to each product, using a single overhead rate. (Round overhead rate whe to 3 decimal phoces es, 52.711 and final onswers to 0 decimal places, es. 5.275. Compute total machine setups and inspection costs assigned to each product, using activity based costing