R_equired: 1. Under the new activity based costing system, how much overhead cost would be assigned to each patient? (4 points) 2. To determine a price for its services, Casiopea Hospital takes the total cost assigned to a patient and multiples that number by two. Compared to the old system, which patients above will be charged more under the new activity based costing system. (Present the solution using Traditional Costing) (4 points) In the past, Casiopea Hospital allocated all of its overhead costs to patients based on nursing time. Casiopea has decided to switch to an activity based costing system using three activity costs pools. Information related to the new system is as follows: Activity Activity Estimated Estimated overhead . . Cost Pool Measure costs activity Registration \"umber\" P75,ooo \"300 patlentS patlents Patient care WSW P900300 150.000 time hours \"35.?\" 0f P1204300 2.500 bills Data concerning two patients follows: 100 hours