QUESTION 3 CSU Industries manufactures dining chairs and tables. The following information is available: Machine setups 600 470 2,400 $48,000 $72,000 2,600 Labor hours CSU is switching from one overhead rate based on labor hours to activity-based costing Instructions Perform the following analyses for these two components of overhead: a. Compute total machine setups and inspection costs assigned to each product, using a single overhead rate Single overhead rate:S$ CAssigned Costs to each product Dining chairs: Tables: $ b. Compute total machine setups and inspection costs assigned to each product, using activity-based costing. Machine setupts rate:$