9 Feedback ' Chock My Work Using traditional cost assignment means pegging overhead costs based on a direct cost, such as direct labor or direct materials. In this case, you use direct labor (developer hours) as the basis for overhead allocation. For product 8, the percentage of developer labor costs as a proportion of the whole is already calculated. This is the gure that, when multiplied by the overhead values, will yield the overhead assigned to each project under traditional costing. Activity- Based Costing Using the data above for products S and T, calculate the costs using activity-based costing. Allocate the costs of testing, computing, and development based on the rates of activity consumed by each product's development process. If required in your computations, round per unit costs to the nearest cent. Round your final answers to the nearest dollar. Cost Activity Base Tasting Hours of tasting Computing cost Units of computing power Developer cost Development hours Product 5 Product T Testing cost $- X Testing cost 4: Computing cost $: Computing cost $[: $ Developer cost at: Total cost $:] Total cost $:] Feedback Developer cost V Check My Work The budgeted activity costs are assigned to products using factory overhead rates for each activity. These rates are called activity rates because they are related to activities. Activity