Riverbed Industries manufactures dining chairs and tables. The following information is available regarding the two products and their estimated use of cost drivers: Dining Chairs Tables Estimated Cost Machine setups 270 670 $49,820 Inspections 320 540 $73,100 Labor hours 2,600 2,400 Riverbed is considering switching from one overhead rate based on labor hours to ABC. Perform the following analyses for these two components of overhead: Compute total machine setups and inspection costs assigned to each product, using a single overhead rate. (Round overhead rate value to 3 decimal places, e.g. 52.711 and final answers to O decimal places, e.g. 5,275.) Dining chairs Tables Total Costs 63918 59002 (b) Compute total machine setups and inspection costs assigned to each product, using activity-based costing Total Costs Dining chairs $ Tables $ Attempts: 1 of 1 used