out of F question TI Assume that Apple Company produces only two products a major computer part and cell phones. The company uses a normal cost system and overhead costs are currently allocated using a plant-wide overhead rate based on direct labor hours Outside cost consultants have recommended, however, that the company use activity-based costing to charge overhead to products. The company expects to produce 4,000 computer parts and 2.000 cell phones in 2019. Each computer part requires two direct labor hours to produce and each cell phone requires-half hour to produce. The direct material and direct labor costs included in the two products are as follows Computer Part Cell Phone Direct Material (per S17 unit) Direct Labor (per unit) S16 $4 Budgeted (Estimated) Total Factory Overhead Data For 2019 Budgeted Estimated Activity Overhead Volume Dollars Level Production Setups S80.000 $30 20 setups Material Handling $70,000 5.000 lbs Packaging and Shipping S120.000 6.000 boxes Total Factory Overhead $270,000 Based on an analysis of the three overhead activities, it was estimated that the two products would require these activities as follows in 2019: Activity Cell Computer Parts 5 setups Overall Totals 20 setups Phones 15 setups Production Setups Material Handling 1.000 lbs 4.000 lbs 5.000 lbs. Packaging and Shipping 4,000 boxes2,000 boxes 6,000 boxes Required: Calculate the cost for the two products using an activity-based costing system (ABC)