$($b$)$

V Your answer is correct.

Compute the overhead rates using the activity$-$based costing approach.

Machining

$

per machine hour

Machine setup

$

per setup

eTextbook and Media

Attempts: $2$ of $5$ used

$($c$)$

Determine the difference in allocation between the two approaches.

Traditional costing

Standard

$

Custom

$

Activity$-$based costing

Standard

$

Custom

$

eTextbook and Media