Portable Seats makes two chairs: folding and wooden. This information was obtained to review the decision to consider ABC:

Portable Seats makes two chairs: folding and wooden. This information was obtained to review the decision to consider ABC: Folding Wooden Total Chairs Chairs Cost Material Requisitions 400* 100* $40,000 60 24,000 Inspections 140 2,700 2,300 Labor Hours *Ibs A. Compute the overhead assigned to each product under the traditional method. Do not round intermediate computations and round final answers to nearest whole dollar. Folding Chairs Wooden Chairs Overhead Applied $ B. Compute the overhead assigned to each product under the activity-based costing method. Do not round intermediate computations and round final answers to nearest whole dollar. Folding Chairs Wooden Chairs Overhead Applied