LALINE CALCULATOR PRINTEN VERSION FACH Saddle Inc has two types of handbags: standard and custom The controller has decided to use a plantwide overhead rate based on direct labores. The president has heard of activity insed costing and wants to see how the results would differ this system were used. Two activity cost pools were developed machining and machine setup. Presented beion is information related to the company's operation Standard Custom Direct labor costs 550,000 $100,000 Machine hours 1.100 1.200 Setup hours 90 420 Total estimated overhead costs are $285.900. Overhead cost allocated to the machining activity cost pool is $189.000, and $96,900 is allocated to the machine stup actty coat pool Compute the overhead rate using the tradition (plantwide) approach. (Round answer to 2 decimal places, a. 12.25.) Predetermined overhead rate of direct labor cost Compute the overhead rates using the activity based costing approach Machining per machine Mour 5 Machine setup $ per setup hour Determine the difference in location between the two approaches, Traditional costing Standard Custom $ Activity-based costing Standard Custom Click if you would like to show Work for this question! Den Show Werk