Question Content Area A company has traditionally allocated its overhead based on machine hours but had collected this information to change to activity-based costing:   Estimated Activity       Activity Center Product 1 Product 2 Estimated Cost Machine Setups   15     45     $9,600   Assembly Parts   3,000     3,000     144,600   Packaging Pieces   750     600     82,350   Machine Hours per Unit   4     3         Production Volume   750     1,500         A. How much overhead would be allocated to each unit under the traditional allocation method? Round your answers to two decimal places.   Product 1 Product 2 Allocation per unit $fill in the blank 1 $fill in the blank 2 B. How much overhead would be allocated to each unit under activity-based costing? Round your answers to two decimal places.   Product 1 Product 2 Allocation per unit $fill in the blank 3 $fill in the blank 4

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.