Requireda. Refer to Exhibits 9.13 through 9.16. Compute the amount of overhead allocated to the J25P and the J40X cameras for the first quarter using activity-based costing. Assume that all events are the same in the first quarter as in the third quarter (the text example) except for the number of setup hours. Assume the cost of a setup hour remains at $900.b. Assume that Joplin had used machine-hours and a department allocation method to allocate its overhead and that the setup-hour rate for the first quarter is $900. Could Kris have made the cost reductions that he planned? What are the advantages and disadvantages of activity-based costing compared to the traditional volume-based allocation methods?