Show Attempt History Current Attempt in Progress Bonita Inc. has two types of handbags standard and custom. The controller has decided to use a plantwide overhead rate based on direct labor costs. The president has heard of activity based casting and wants to see how the results would differ if this system were used. Two activity cost pools were developed machining machine hours and machine setup number of setups. The total estimated machine hours 2,400, and the total estimated number of sepsis 540 Presented below is Wormation related to the company operations Custom Direct Isbor costs Machine hours Standard 550.000 1200 $100,000 1,200 Number of 120 420 Total estimated owerhead costs are $300.000 Overhead cost allocated to the machining activity cost cool $192.000 and $100.000 is located to the machine setup activity cost pool X Your awes incorrect Compute the overheating the traditional antwidel approach information related to each products use of cost drivers (Round answer to decimal places, 3. 12.) Predetermined overhead rate 2 of direct labor cost e Textbook and Media X Your answer is incorrect Determine the difference in allocation between the two approaches Traditional costing Standard Custom Activity and costing Standard Custom $ e Textbook and Media Short Attempts: 1 of used Summum