Werial Accounting. He Hele lastem Annoncements Return to Blackboard Exercise 4-1 (Video) Saddle Inc. has two types of handbags: standard and custom. The controller has decided to use a plante vertade based on directors. The probado to see how the results would differ this system were used. Two activity cost pools were developed maching and meet resorted to the com Standard Custom Direct labor costs $50,000 $100,000 Machine hours 1,200 1,200 Setup hours 120 420 Total estimated overhead costs are $289,200 Overhead cost allocated to the maching activity cost pool is $199,000, and 197,200 isted to the Compute the overhead rate using the traditional plantwide) approach (und answer to decimal places, 12.S.) Predetermined overhead rate of direct labor cost Compute the overhead rates using the activity based conting acproach Machining per machine hour Machine setup per setup hour Determine the difference in allocation between the two approaches Traditional costing Standard $ Custom $ per setup hour Determine the difference in allocation between the two approaches. Traditional costing Standard $ Custom $ Activity based costing Standard $ Custom $ Click if you would like to Show Work for this questioni Open Show Work Question Attemp