please answer correctly

Costing and Activity Based Costing Question 4 of 7 > 0.5/1 Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plantwide overhead rate based on direct labor costs. The president has heard of activity-based costing and wants to see how the results would differ if this system were used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to the company's operations Direct labor costs Machine hours Setup hours Standard $50,000 1,200 120 Custom $100,000 1.200 420 Total estimated overhead costs are $289,200. Overhead cost allocated to the machining activity cost pool is $192,000, and 597,200 is allocated to the machine setup activity cost pool x Your answer is incorrect. Compute the overhead rate using the traditional (plantwide) approach. (Round answer to 2 decimal places, es 12.25) Predetermined overhead rate 193 % of direct labor cost e Textbook and Media MacBook Pro 888 : FS Du FE DD $ & 2 3 4 5 7 8 9 0 W E R Y U 1 0 S D F G H Question 4 of 7 0.5/1 Your answer is correct. Compute the overhead rates using the activity-based costing approach. Machining $ 80 per machine hour Machine setup $ 180 per setup hour e Textbook and Media Your answer is partially correct Determine the difference in allocation between the two approaches Traditional costing Standard $ 96500 Custom $ 1875 MacBook Pro F DIN FB DO * % w* $ 4 2 5 6 & 7 ( 9 8 0 W E R T Y U 0 P S D F G . J K IL Question 4 of 7 0.5/1 e Textbook and Media Your answer is partially correct Determine the difference in allocation between the two approaches Traditional costing Standard $ 96500 Custom $ 187596 Activity-based costing Astandard $ 117600 Custom $ 171600 e Textbook and Media Sarve for Later Attempts: 1 of 2 used Submit Answer MacBook Pro 30 888 Dll T FS 8: A 23 & 2 $ 4 % 5 3 ( 9 6 7 8 0 W E R T > C C I 0 S D F G H J L C V B N