Question: 3. OfficeMart has found an error in its data. The percentage of selling and administrative overhead attributable to processing orders should be changed to 30%

 3. OfficeMart has found an error in its data. The percentageof selling and administrative overhead attributable to processing orders should be changed

3. OfficeMart has found an error in its data. The percentage of selling and administrative overhead attributable to processing orders should be changed to 30% from 45% and the percentage attributable to supporting customers should be changed to 40% from 25% B C D E 1 Chapter 7: Applying Excel 2 3 4 Data Manufacturing overhead Selling and administrative overhead $ 500,000 $ 300,000 5 6 7 Other Assembling Units 50% Processing Orders 35% Supporting Customers 5% 10% 00 Manufacturing overhead Selling and administrative overhead Total activity 10% 30% 40% 20% 9 1,000 250 100 10 units orders customers 11 1 customer 23 orders 12 OfficeMart orders: 13 Customers 14 Orders 15 Number of filing cabinets ordered in total 16 Selling price 17 Direct materials 18 Direct labor 80 units $ 595 $ 180 50 $ 19 (a) Based on new number of orders in Requirement 2, what is the customer margin under activity-based costing when the data are corrected? (Enter a loss as a negative amount.) Customer margin under activity-based costing (b) Based on new number of orders in Requirement 2, what is the product margin under the traditional costing system when the data are corrected? (Enter a loss as a negative amount.) Product margin under the traditional costing system

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