He - X purd 0 Requirements + 1. Compute the total estimated cost Daisy will incur to purchase the needed materials and then assemble and package 30.000 dog collars. Also compute the cost per collar. 2. For bidding, Daisy adds a 20% markup to total cost. What total price will the company bid for the entire Animal Hut order? 3. Suppose that instead of an ABC system, Daisy has a traditional product costing system that allocates indirect costs at the rate of $9.00 per direct labor hour. The dog collar order will require 12,000 direct labor hours. What total price will Daisy bid using this system's total cost? 4. Use your answers to Requirements 2 and 3 to explain how ABC can help Daisy make a better decision about the bid price it will offer Animal Hut he Print Done + X i Data Table Predetermined Overhead Allocation Rate Activity Allocation Base Purchasing Assembling Packaging Number of purchase orders Number of parts Number of finished collars $65.00 per purchase order 0.41 per part 0.20 per collar Print Done Daisy Dog Collars uses activity-based costing Daisy's system has the following features: Click the icon to view the data table.) Each collar has four parts, direct materials cost is $11.00 per collar, and direct labor cost is $3.00 per collar. Suppose Read the requirements collar Suppose Animal Hut has asked for a bid on 30,000 dog collars Daisy will issue a total of 175 purchase orders if Animal Hut accepts Daisy's bid