Tonvs Skate Corporation manufactures two models of skate boards a standard- and a deluxe model The following activity and cost information has been compiled. Numberof Number of Numberof total Direct Setups Components Labor Hours Product Standard Deluxe 20 30 10 15 375 225 Overhead costs$50,000 $70,000 Assume a traditional costing system applies the $120,000 of overhead costs based on direct labor hours. What is the total amount of overhead costs assigned to the standard model? A) $40,000 e)$75,000 $70500 $50,000 Previous Bookmark Next Summ Submit FormsCentral Start