Urban Elite Cosmetics has used a traditional cost accounting system to apply quality-control costs uniformly to all products at a rate of 15 percent of direct-labor cost. Monthly direct-labor cost for Satin Sheen makeup is $106,000. In an attempt to more equitably distribute quality-control costs, management is considering activity-based costing. The monthly data shown in the following chart have been gathered for Satin Sheen makeup Pool Rates s 19.00 per type .25 per unit 143.69 per order Cost Driver 21 types Type of material Number of units 41,800 units In-process inspection Product certification Per order 65 orders Required: 1. Calculate the monthly quality-control cost to be assigned to the Satin Sheen product line under each of the following product- costing systems. a Traditional system, which assigns overhead on the basis of direct-labor cost b. Activity-based costing 2. Does the traditional product-costing system overcost or undercost the Satin Sheen product line with respect to quality-control costs? By what amount? Complete this question by entering your answers in the tabs below. Urban Elite Cosmetics has used a traditional cost accounting system to apply quality-control costs uniformly to all products at a rate of 15 percent of direct-labor cost. Monthly direct-labor cost for Satin Sheen makeup is $106,000. In an attempt to more equitably distribute quality-control costs, management is considering activity-based costing. The monthly data shown in the following chart have been gathered for Satin Sheen makeup Pool Rates s 19.00 per type .25 per unit 143.69 per order Cost Driver 21 types Type of material Number of units 41,800 units In-process inspection Product certification Per order 65 orders Required: 1. Calculate the monthly quality-control cost to be assigned to the Satin Sheen product line under each of the following product- costing systems. a Traditional system, which assigns overhead on the basis of direct-labor cost b. Activity-based costing 2. Does the traditional product-costing system overcost or undercost the Satin Sheen product line with respect to quality-control costs? By what amount? Complete this question by entering your answers in the tabs below