II. Crockett Corporation manufactures two products: Product A34R and Product E05V. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products A34R and E05V. Activity Cost Pool Activity Measure Total Cost Total Activity Machining Machine setups Machine-hours $ 95,000 5,000 MHs Product design Order size Number of setups Number of products $ 96,000 Direct labor-hours $310,000 $ 80,000 200 setups 2 products 10,000 DLHS Activity Measure Product A34RProduct E05V Machine-hours 2,000 3,000 Number of setups 150 50 Number of products 1 1 3,000 7,000 Direct labor-hours Required: Assume Crockett continues using a plantwide overhead rate to allocate overhead. a. What is the company's plantwide overhead rate? b. How much manufacturing overhead cost would be allocated to Product E0SV? c. What percentage of the total overhead cost is allocated to Product A34R? Assume Crockett implements an ABC costing system that allocates overhead using the four cost pools identified above. a. What is the overhead allocation rate for each activity cost pool? b. How much manufacturing overhead cost would be allocated to Product E05V? c. What percentage of the total overhead cost is allocated to Product A34R?