You are logged in as Maria EL ASMAR r'20 con 6 The following information was provided by Lankers Co. at December 31, 2019 1 answered d out of 5.00 g question Simple L3 Pack Complex L7 Pack Total Setup cost allocated using direct labor- hours $18,750 $13,200 $6,250 $11,800 $25,000 $25,000 Setup cost allocated using setup-hours Which of the following statement is true of Lankers' setup costs under traditional costing? Select one: a. L7 pack is overcosted by $5.550 B L3 pack is overcosted by $5.550 C. L3 pack is undercosted by S5,550 d. L7 pack is undercosted by S5 450