statement. NOP currently uses labor costs to allocate all overhead, but management is considering implementing an activity-based costing system. After interviewing the sales and production staff, management decides to allocate administrative costs on the basis of direct labor costs but to use the following bases to allocate the remaining costs: Required: a. Prepare the product line income statement using the proposed activity bases. c. Restate the product line income statement for Normandy Office Products using direct labor costs as the only overhead allocation base. Complete this question by entering your answers in the tabs below. Prepare the product line income statement using the proposed activity bases. Note: Do not round intermediate calculations. Input all amounts as positive values. Complete this question by entering your answers in the tabs below. Restate the product line income statement for Normandy Office Products using direct labor costs as the only overhead allocation base. Note: Do not round intermediate calculations. Input all amounts as positive values