22. The controller for Mitchell Supply Company has established the following overhead cos pools and cost drivers: Overhead Cost Pool Budgeted Overhead Cost Machine setups $150,000 Material handling $2,500 Quality control inspection 37.500 Other overhead costs 90.000 Total $330.000 Budgeted Level Overhead Cost Pool for Cost Driver Machine setups 100 setups Material handling Quality control Other overhead 50,000 units 1,000 inspections 15,000 machine hours Order no. 610 has the following production requirements: Cost Driver Number of setups Units of raw materia! Number of inspections Machine hours Overhead Rate $1,500 per sear $1.05 per unit $37.50 per inspection $6 per machine hour Machine setups Raw material Inspections Machine hours Required 5 setups 10,000 units 600 machine hours 12 inspections A Compute the total overhead that should be assigned to order no. 610 by using activity-based costing. 1. Suppose that Mitchell were to use it single, prece mined overhead rate based on machine hours. Compute the late nor have and the pond overnead assigned to order no 6101 C. Discuss the merits of an activing based costing system in comparison with a traditional costing system hp