Moving to another questo ove this Question 2 Good Luck Company manufactures two products pers and pencils The company has kept good records of the words to come purposes Number of setups Number of direct labor hours Number of boxes shipped Pens 30 120 100 Pencils 40 130 60 Total 120 250 160 The business also has overhead costs as follows: Activity Costs per activity Cost driver Setting up AED 27,000 Number of setups Inspecting & Packing 16,500 Number of direct labor hours Shipping 31.000 Number of boxes shipped Total AED 74,500 Required 1. Compute the amount of overhead to be allocated to each product under traditional costing system using direct labor hours as the allocation base 2. Compute the amount of overhead to be allocated to each product under activity-based costing. 1. MacBook Air