Paragraph Styles 2. Sweetheart Brands packages single-sized servings of sugar and sugar substitute for fast foo restaurants. The activities required to package sugar are fewer and less complex than for sue substitute. The direct costs of producing the two products are as follows: Sugar $ Direct materials Direct labor Sugar Substitute 0.02 $ 0.04 0.04 0.08 Overhead is currently assigned to the two products on the basis of machine hours. The following information is provided regarding overhead costs: Activity Setup Packing Inspection Traceable Costs Cost Driver $50,000 No. of setups 120,000 No. of machine lurs. 30,000 No. of batches $200.000 Sugar Line 125 10.000 250 Sugar Sub. Line 125 40,000 350 Total 250 50,000 600 Required: 1) Compute the predetermined overhead rate under the current method of overhead cost allocation. How much total overhead cost will be assigned to each product under the current system