Question Completion Status: associated costs and cost drivers are as follows: Activity Cost Cost Driver Casting $570,000 Machine hours Assembly 80,000 Direct labor hours Inspecting 42,000 Number of inspections Setup 38,000 Number of setups Materials handling 23,750 Number of loads The production data and cost driver usage for the two products is as follows: Activity Base Entry Dining Total Machine hours 6,000 13,000 19,000 Direct labor hours 3,000 2,000 5,000 Number of inspections 600 400 1,000 Number of setups 300 200 SOO Number of loads 450 500 950 Units produced 6,000 3.000 9,000 Required: 1. Calculate the predetermined overhead rate using a plant-wide rate based on direct labor hours and calculate the unit cost of overhead for product, 2. Calculate the predetermined overhead rate using activity-based rates based on the cost driver for each activity and calculate the unit cost overhead for each product. 3. Which method provides the more accurate cost for overhead? Click Save and Submit to save and submit. Click Save anseerato sarealansusrs. Save