Rachel's Pet Supply Corporation manufactures two models of grooming stations, a standard and a deluxe model. The following activity and cost information has been compiled: Assume a traditional costing system allocates overhead costs based on direct labour hours: (a) What is the total amount of overhead cost allocated to the standard model? (b) What is the total amount of overhead cost allocated to the deluxe model? Now assume an activity-based costing system is used and that the number of setups and the number of components are identified as the activity-cost drivers for overhead: (c) What is the total amount of overhead costs assigned to the standard model? (d) What is the total amount of overhead costs assigned to the deluxe model? (e) Explain the difference between the costs obtained from the traditional costing system and the ABC system. Identify which system provides a better estimate of costs? Briefly explain why