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please explain Comparing ABC and Plantwide Overhead Cost Assignments Wellington Chocolate Company uses activity-based costing (ABC). The controller identified two activities and their budgeted costs:

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Comparing ABC and Plantwide Overhead Cost Assignments Wellington Chocolate Company uses activity-based costing (ABC). The controller identified two activities and their budgeted costs: Setting up equipment is based on setup hours, and other overhead is based on oven hours. Wellington produces two products, Fudge and Cookies. Information on each product is as follows: Plound your answers to the nearest whole dollar, unless otherwise directed. 1. Colculate the activity rote for (a) setting up equipinent and (b) other overhead. a. Setting up equipinent per setup hour b. Other overhead 2. How much total overhead is assgned to fudge using ABC? x 3. What is the unit overhead assigned to fudge using AbC? found to the nearest cent. x per unit 4. Now, ignoring the ABC results, calculate the plantwide overhesd rate, based on oven bours. Round to the pearest cent. per owen hour 5. How mach toral overhead is assigned to fudge using the plantwide overitead rate? x 6a. The difference in the total overhesd assidhed to rudge is different under the ABC system and non-MBC system because differenit trealement af seture costs. 66. What is the difference in total overhead assigned to fudge under the two methods

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