MTi makes three types of lawn tractors: M3100, M4100, and M5100. in the past, it allocated overhead to products using machine-hours. Last year, the company produced 9,000 units of M3100, 17,000 units of M4t00, and 11,000 units of M6too and had the following revenues and costs: MTis controlier has heard about activity based costing and puts together an employee team to recommend cost allocation bases. The employee team recommends the following The employee team recommends that plant administration costs not be allocated to products: Required: a. Using machine-hours to allocate overhead, complete the income statement for MTI. Do not allocate plant administrative costs to products. p-1. Compute the cost driver rates. 2-2. Complete the income statement using the activity-based costing method suggested by the employee team, Complete this question by entering your answers in the tahe halsw. Complete this question by entering your answers in the tabs below. Using machine-hours to allocate overhead, complete the income statement for MTL. Do not allocate plant administrative costs to products. (Do not round intermediate calculations. Input all amounts as positive values.) Complete this question by entering your answers in the tabs below. Compute the cost driver rates. MTi's controller has heard about activity-based costing and puts together an employee team to recommend cost allocation bases. The employee team recommends the following. The employee team recommends that plant administration costs not be allocated to products. Required: a. Using machine-hours to allocate overhead, complete the income statement for MTL. Do not allocate plant administrativo costs to products. b-1. Compute the cost dilver rates. b-2. Complete the income statement using the activity-based costing method suggested by the employee team. Complete this question by entering your answers in the tabs below. Complete the income statement using the activity-based costing method suggested by the employee team. (Input all amounts as positive values.)