Rooney Company produces commercial gardening equipment. Since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. The costs and cost drivers associated with the four overhead activity cost. pools foliowe Production of 890 sets of cutting shears, one of the company's 20 products, took 230 labor hours and 10 setups and consumed 13 percent of the product-sustaining activities. Required a. Had the company used labor hours as a companywide allocation base, how much overhead would it hawe allocated to the cutting shears? b. How much overbead is allocated to the cutting shears using activity-based costing? c. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for Allocation if 890 units are produced. If direct product costs are $120 and the product is priced at 30 percent above cost for what patce would the product sell under each allocation system? Compiete this question by entering your answers in the tabs below. Had the company vsed labor hours as a comoanywide allocation base, how much overhesd would it have allocated to the cutting sheers? How much overhead is alocoted to the cutting shears using activity-beied costing? Notel pound intermediate calculations to 2 decimal places. Aound your final answers to the nearest whole dolar amount. Production of 890 sets of cutting shears, one of the company's 20 products, took 230 labor hours and 10 setups and consumed 13 percent of the product-sustaining activities. Required a. Had the company used labor hours as a companywide allocation base, how much overhead would it have allocated to the cutting shears? b. How much overhead is allocated to the cutting shears using activity-based costing? c. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 890 units are produced. If direct product costs are $120 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? Complete this question by entering your answers in the tabs below. Compute the overhead cost per unit for cutting shears first using activity-based costing and then using direct labor hours for allocation if 890 units are produced. If direct product costs are $120 and the product is priced at 30 percent above cost for what price would the product sell under each allocation system? Note: Round intermediate calculations and final answers to 2 decimal places