Shyllel Company manufactures dining chairs and tables. The following information is available: Dining Tables Total Chairs Cost Machine200 600 $48,000 setups Inspections 250 470 S72,000 Labor2,600 2,400 hours Hayward is considering 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 ra (b) Compute total machine setups and inspection costs assigned to each product using ACTIVITY-BASED COSTING (c) Comment on your findings