Question: Please help as soon as possible, with work not just excel please!!! You have a business manufacturing snarky masks for hipster wannabes. Following is the

Please help as soon as possible, with work not just excel please!!!
Please help as soon as possible, with work not just excel please!!!

You have a business manufacturing snarky masks for hipster wannabes. Following is the costing data you have been usine: There are two versions of the mask you manufacture, Basic and Elaborate: You want to implement an Activity Based Costing system to better allocate overhead to the two different products and have come up with the following cost activity pools: During 2022 you made 1,000 Basic and 300 Elaborate masks, incurred $58,000 of direct labor, spent $97,500 on direct materials, and spent $232,000 on overhead. - What is the average cost of a Basic and an Elaborate mask using the old overhead allocation method of $80 per DLH to allocate the $232,000 of overhead? - What is the average cost of a Basic and an Elaborate mask using the ABC costing data from above to allocate the $232,000 of overhead? (If you round to the nearest penny when calculating the ABC rates you will be about $3.00 off in total costs due to rounding.) - What are some reasons for the difference between the two methods of allocating overhead to the masks

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