Titan Pride produces two product lines: T$-$shirts and Sweatshirts. The company has used a simple costing system since its inception. The budgeted factory overhead totals $ $242,000$ and is allocated on the basis of $121,000$ direct labor hours $($DLHs$).$ Additional production information for the two products is as follows: $/$r$/$n The company is currently considering implementing an ABC system to determine the unit costs of its products. The following A B C information has been collected: Under the simple costing system, what is the predetermined overhead rate using DLH as the single cost driver? $ $1\mathrm{.}4/$ DLH $ $1\mathrm{.}2/$ DLH $ $2\mathrm{.}6/$ DLH $ $2/$ DLH $/$r$/$n Under the simple$-$costing system, what is unit cost of a sweatshirt? $ $8\mathrm{.}50$ $ $10\mathrm{.}20$ $ $11\mathrm{.}00$ $ $9\mathrm{.}60$ Question $91$ pts Under the ABC system, what is the overhead rate for the supervision activity? $ $2\mathrm{.}24/$ DLH $ $1\mathrm{.}16/$ DLH $ $2/$ DLH $ $2\mathrm{.}40/$ DLH $/$r$/$n Under the ABC system, the unit cost of a sweatshirt will be $ $10\mathrm{.}59$ $ $10\mathrm{.}2$ $ $11\mathrm{.}36$ $$ $9\mathrm{.}59$ Question $111$ pts Assume that the ABC provides more accurate cost information. Based on the above results, it can be inferred that, under simple costing, T$-$shirts $($NOT sweatshirts$)$ are properly costed More information is needed to answer this question overcosted undercosted