Jones Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost information has been compiled. Assume a traditional costing system applies the $60,000 of overhead costs based on direct labor hours. What is the total amount of overhead costs assigned to the standard model? $24,800 $35,200 $37,500 $22,500 Number of setups and number of components arc identified as activity-cost drivers for manufacturing overhead (MOH) for ABC Cost Pools 1 & 2. Assuming an activity-based costing system is used, what is the total amount of overhead costs assigned to the standard model? $33,600 $35,200 $37,500 $25,600