Tampa Bay Awning sells awnings for residential and commercial buildings. Most of the awnings are mass produced, however, the company does on occasion do custom orders. It's budgeting manufacturing overhead costs for 2020 aret Overhead Cost Pools Amount Production (cutting and sewing) $180,000 Setting up machines $ 80,000 Inspections $ 50,000 Total budgeted overhead $ 310,000 For the past 6 years, the company has allocated overhead for awning production on the basis of Direct Labor Hours. For 2020, they have 14 seamstresses budgeted to work a total of 25,000 Direct Labor hours. The new owner, Brenda Lynch, requested the company move from the traditional costing method to one of ABC costing. Brenda and the head seamstress identified the following cost drivers and their usage for the budgeted overhead cost pools. Overhead Cost Pools Activity Cost Drivers Total Activity Production (cutting and sewing) Direct Labor Hours 18,000 Setting up machines Number of Set Ups 2.000 Inspecting Number of inspections 1.000 One day, Eloise Martin, who owned Sun and Sea Condominiums, contacted Brenda to place an order for 4,000 custom awnings. Brenda gathered the following data for the production of 4,000 awnings Direct Materials $168,000 Direct Labor Costs 5140,000 Direct Labor Hours 2.500 Machine Set Ups 15 Inspecting 500 Instructions: (1) Compute the predetermined overhead rate using traditional costing with Direct Labor Hours (2) Compute the manufacturing cost per awning and in total under traditional costing (3) Compute the manufacturing cost per awning and in total under the proposed activity-based casting system