You have a business manufacturing snarky masks for hipster wannabes. Following is the costing data you have been using Direct materials 0.5 yards of material per mask $75.00 per yard Direct labor 520.00 per Direct Labor Hour $80.00 per DLH Overhead There are two versions of the mask you manufacture, Basic and Etaborate: Basic Elaborate DM per mask 0.5 yards 0.5 yards DLH per mask 2 3 Number of batches 4 16 Number of design orders 0 4 You want to implement an Activity Based Costing system to better allocate overhead to the two different products and have come up with the following cost activity pools: Activity Pool Costs Driver Design $80,000 Design Orders Print layout 100,000 Batches General overhead 52,000 DLH Total overhead costs $232,000 During 2021 you made 1,000 Basic and 300 Elaborate masks, incurred $58,000 of direct labor, spent $48,750 on direct materials, and spent $232,000 on overhead. What is the average cost of a Basic and an Elaborate mask using the old overhead allocation method of $80 per DLH to allocate the $232,000 of overhead? What is the average cost of a Basic and an Elaborate mask using the ABC costing data from above to allocate the $232,000 of overhead? (If you round to the nearest penny when calculating the ABC rates you will be about $3.00 off in total costs due to rounding.) What are some reasons for the difference between the two methods of allocating overhead to the masks