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Waterway makes two products, Simple and Complex. As their names sugeest, Simple is the more basic product, and Complex comes with all the bells and whistles. The company has always allocated overhead costs fo products based on machine hours. Last year, the compary implemented an act ivity-based costing srstem, and managers determined the following activity pools and rates based on totaicichead of $2,400,000 : Only the Complex product requires bonding, so all the costs of bonding should be allocated to Complex. The following data relate to both products Usine the traditional method of allocatins overhead costs. - allocate overhead cost to the products * show that the owerhe ad assighed to eact product sums to the total company overixad - determine the overhead cont per unit for exch product