Please answer this question correctly in its entirety... it would be extremely helpful and much appreciated. Thank you!

Isadores implements, inc., manufactures pens ana mecnanicai penciis often used for gifts. Overnead costs are currently allocated using direct labor-hours, but the controller has recommended an activity-based costing system using the following data: 5 Activity Setting up Inspecting Packing and shipping Total overhead Cost Driver Number of setups Number of parts Number of boxes shipped Cost $102,000 25,600 75,000 $202,600 Cost Driver Volume Pencils Pens 23 28 5 45,000 80,000 8 02:54:20 Required: a. Compute the amount of overhead to be allocated to each product under activity-based costing. b. Compute the amount of overhead to be allocated to each product using labor-hours as the allocation base. Assume that the number of labor-hours required to assemble each box is 0.2 for pencils and 0.1 for pens and that 45,000 boxes of pencils and 80,000 boxes of pens were produced during the period. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of overhead to be allocated to each product under activity-based costing. (Do not round intermediate calculations.) Overhead Pencils Pens Number of boxes shipped 45,000 80,000 Packing and shipping Total overhead 75,000 $202,600 5 Required: a. Compute the amount of overhead to be allocated to each product under activity-based costing. b. Compute the amount of overhead to be allocated to each product using labor-hours as the allocation base. Assume that the number of labor-hours required to assemble each box is 0.2 for pencils and 0.1 for pens and that 45,000 boxes of pencils and 80,000 boxes of pens were produced during the period. 8 02:53:44 Complete this question by entering your answers in the tabs below. Required A Required B Compute the amount of overhead to be allocated to each product using labor-hours as the allocation base. Assume that the number of labor-hours required to assemble each box is 0.2 for pencils and 0.1 for pens and that 45,000 boxes of pencils and 80,000 boxes of pens were produced during the period. (Do not round intermediate calculations and round your final answers to the nearest whole dollar.) Show less A Overhead Pencils Pens