please find b) and c)

c) is aking for compute the overhead rates using the activity based costing approach

traditional costing:

standard $ ?

custom $ ?

Concord Inc. has two types of handbugs: standard and custom. The controller has decided to se a plantwide overtitad ratebased on di rect labor costs. The president has heard of activity-based costing and wants to see how the results would differ if thit system were used. Two activity cest pools were develeped: machining (machine hours) and machine setup inumber of setuen). The total estimated machine hours is 2.700, and the total estimated number of setups is 500 . Presented below is indormation relared to the compary/s operations: Total estimated overhead costs are $300,000. Overthead cort allocated to the machirine activity cost poel is $189,000, and $111,000 is allocated to the machine setup activity cost pool. (a) Compute the overhead rate using the traditional folantwidel approach information related to each product's use of cost erivers: (Round answer to 0 decimal places. e.s. 12.) Predetermined overhead rate \%6 of direct labor cost Compute the overhead rates using the activity-based costing approach. Compute the overhead rates irsing the activity-based costing approach Machining phersetupheur eTextbook and Media Atempts: 0 of 2 used (c) The parts of this guestion must be completed in order. This part will be milshe when vou complete the qart above