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Please as soon as possible!!! With work You have a business manufacturing Artfarts for Dogtown, Inc-. Following is the costing data you have bech using

Please as soon as possible!!! With work image text in transcribed
You have a business manufacturing Artfarts for Dogtown, Inc-. Following is the costing data you have bech using There are tuo vecsions of the Artiarts you manulacture, Simple and Fancy, and you incurred the following You want to inplement an Activity Eased Costing system to better allocate overhead to the two different products and have come up with the following cost activity pools: During 2022 you made 2,000 simple and 600 Elaborate Artfarts, incurted $192,000 of direct labor, spent $36,000 on direct materiak, and spent $200,000 on ovethead - What is the average cost of a Simple and a Fancy Artfart usinc the old overhead allocation method of $25 per DLH to allocate the $200,000 of overhead? Don't forget direct costs. - What is the average cost of a Simple and a Fancy Artfart using the ABC costing data from above to allocate the $200,000 of overhead? - Why is the ABC method better at costing the Artlarts than the old method? Be specilic in your

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