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****Use this information for Questions 12 & 13 Clueless Company has been using a Traditional Overhead Application Rate to allocated overhead costs across three of

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****Use this information for Questions 12 & 13 Clueless Company has been using a Traditional Overhead Application Rate to allocated overhead costs across three of its product lines. The following results at the end of the year reflect the Company's Unit Sales Price, Cost and Gross Margin as follows: Traditional Overhead Costing System Product A Product B Product C Per Unit Price $ 100 $ 110 $ 150 Per Unit Cost $ 67 $ 78 $ 110 Gross Profit $ 33 $ 32 $ 40 If the company instead uses an ABC overhead allocation costing system, the results would be as follows: ABC Overhead Costing System Product A Product B Product C Per Unit Price $ 100 $ 110 $ 150 Per Unit Cost $ 59 $ 68 S 175 Gross Profit $ 41 $ 42 $ (25) Based on the information above, the company is likely: Click Save and Submit to save and submit. Click Save All Answers to save all answers. atv 10 O MacBook Air A. Overcosting Product A and B and undercosting Product C. B. Undercosting Product C and overcosting Products A & B. C. Undercosting all of the products. D. Overcosting all of the products. QUESTION 13 Use the information in Question #12 to answer this question. Based on this new information, Clueless Company should: A. Lower the price of Product C and raise the prices of Product A&B B. Lower the price of all three products to generate more profit C. Raise the price of Product C to and try to make a profit D. Raise the price of all three products to generate more profit Click Save and Submit to save and submit. Click Save All Answers to save all answers. APA 10 sty

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