b) Electric Car Co (ECC). currently manufactures two different types of fully electronic cars in 2021. Type 8Y is a large SUV whereas Type 8W will be the fastest car in the world with 10 rocket thrusters. ECC has decided to use ABC costing instead of traditional costing. The 2021 budget to manufacture these new types include manufacturing overhead of $126,920,760 which has been allocated on each product's inspection hours. The expected prime costs of two new types are as follows: Type 8Y Type 8W Prime Costs $20,915 $43,625 ECC's controller believes the traditional costing system may be providing misleading cost information They have developed an analysis of the 2021 budgeted manufacturing-overhead costs shown in the following chart Activity Cost Driver Budgeted Activity Budgeted Cost Assembly Assembly hours 10,000 $63,460,000 Inspection Inspection hours 10,000 $27,920,000 Painting Gallons of paint 5,000 $22,850,000 Quality control Number of tests 8,000 $12,690,760 Total manufacturing-overhead cost $126,920,760 Actual data regarding the 2021 manufacturing of the Type 8Y and the Type 8W is shown in the following table with a total MOH of $216,920,760: b) Electric Car Co (ECC). currently manufactures two different types of fully electronic cars in 2021. Type 8Y is a large SUV whereas Type 8W will be the fastest car in the world with 10 rocket thrusters. ECC has decided to use ABC costing instead of traditional costing. The 2021 budget to manufacture these new types include manufacturing overhead of $126,920,760 which has been allocated on each product's inspection hours. The expected prime costs of two new types are as follows: Type 8Y Type 8W Prime Costs $20,915 $43,625 ECC's controller believes the traditional costing system may be providing misleading cost information They have developed an analysis of the 2021 budgeted manufacturing-overhead costs shown in the following chart Activity Cost Driver Budgeted Activity Budgeted Cost Assembly Assembly hours 10,000 $63,460,000 Inspection Inspection hours 10,000 $27,920,000 Painting Gallons of paint 5,000 $22,850,000 Quality control Number of tests 8,000 $12,690,760 Total manufacturing-overhead cost $126,920,760 Actual data regarding the 2021 manufacturing of the Type 8Y and the Type 8W is shown in the following table with a total MOH of $216,920,760