Estimated Cost Driver Level The controller for the Alabama Co, established the following overhead cost pools and cost drivers Budgeted Overhead Cost Pool Overhead Cost Driver Quality controls $800,000 # of inspections Machine setups $900,000 # of setups Other overhead costs $800,000 # of machine hrs Total overhead costa $2,500,000 20,000 inspections 18,000 Setups 40,000 machine hrs A recent order for sailboats used: Quality inspections Machine setups Machine hours (MH) 1,300 Inspections 500 setups 2,500 machine hours Required: a) What is the overhead rate per machine hour if the number of machine hours (MH) is used as a single cost driver under traditional costing system? b) Utilizing traditional costing, how much overhead is assigned to the order based on machine hours as a single cost driver? c) Utilizing activity-based costing, how much overhead is assigned to the order? d) What causes the difference in costs between two system. Explain