\begin{tabular}{|l|l|} \hline Problem 1 & Complete the Cells in BLUE \end{tabular} Min Xi Manufacturing Company produce three model of an electronic device (Standard, Premium and Super) in a continuous production process. Senior management has asked the controller to conduct an activity-based costing study. The controller identified the amount of factory overhead required by the critical activities of the organization as follows: \begin{tabular}{|l|c|l|} \hline Activities & Activity Cost Pool & \multicolumn{1}{|c|}{ Activity Base } \\ \hline Machining & $350,000 & Machine Hours (MH) \\ \hline Setup & $120,000 & Number of Setups \\ \hline Materials handling & $20,000 & Number of Material order (MO) \\ \hline Engineering & $154,000 & Number of Eng. Hours (EH) \\ \hline Inspection & $108,000 & Number of Insp. Hours (IH) \\ \hline & $752,000 & \\ \hline \end{tabular} The activity-base usage quantities and units produced for the three products were determined from corporate records and are as follows