Answer questions 6-10 using the information below: Titan Pride produces two product lines: T-shirts and Sweatshirts. The company has used at simple costing system since its inception. The budgeted factory overhead cost of $181,500 is allocated on the basis of direct labor hours (DLHS). Additional production information for the two products is as follows: T-SHIRTS SWEATSHIRTS Production volume 60,000 units 35.000 units DHLs 72,000 49,000 Direct costs (per unit) $6.50 $ 8.20 The company is currently considering implementing an ABC system to determine the unit costs of its products. The following ABC information has been collected: Activity Budgeted cost Cost allocation base Allocation base quantity. T-shirts Sweatshirts Supervision $75,690 Machine hours 45,000 42,000 Inspection $105,810 Number of Inspections 53,040 17,500 Under the simple costing system, what is the predetermined overhead rate using DLH as the single cost driver? Supervision $75,690 Machine hours 45,000 Inspection $105,810 Number of Inspections 53,040 17,500 Under the simple costing system, what is the predetermined overhead rate using DLH as the single cost driver? O $2.2/ DLH $2/ DLH O $1.5/DLH O $1.8/ DLH 42,000 D Question 7 Under the simple-costing system, what is unit cost of a sweatshirt? $10.30 O $11.00 $10.72 O $8.25 D Question 8 Under the ABC system, what is the overhead rate for the supervision activity? O $0.96/DLH $1.25/DLH O $1.16/DLH O $0.87/DLH Question 9 Under the ABC system, the unit cost of a sweatshirt will be O $10.59 $11.25 $9.99 $10.21 1 pts D Question 10 1 pts Assume that the ABC provides more accurate cost information. Based on the above results, it can be inferred that, under simple costing. I-shirts (not sweatshirts) are O More information is needed to answer this question overcosted properly costed undercosted