Bookmarks Develop Window Help Wod 10:39 PM Q ce from Overhead Application, Activity-Based Costing, Bid Prices Firenza Company manufactures specialty tools to customer order. Budgeted overhead for the coming year is: Purchasing $35,000 37,500 45,000 40,000 Other Previously, Sanjay Bhatt, Firenza Company's controller, had applied overhead on the basis of machine hours Expected machine hours for the are 50,000. Sanjay has been reading about activity-based costing, and he wonders whether or not it might offer some advantages to his company. He decided that appropriate drivers for overhead activities are purchase orders for purchasing, number of setups engineering hours for engineering cost, and machine hours for ather Budgeted amounts for these dmen are s and 2,500 engineering hours. Sanjay has been asked to prepare bids for two jobs with the following information ob 2 Direct materials Direct labor Number of purchase orders Number of setups $4,600 $9,340 $1,200 2,200 20 Check My Work for Grading All work saved 858 Bookmarks Develop Window Help Wod 10:39 PM Q ce from Overhead Application, Activity-Based Costing, Bid Prices Firenza Company manufactures specialty tools to customer order. Budgeted overhead for the coming year is: Purchasing $35,000 37,500 45,000 40,000 Other Previously, Sanjay Bhatt, Firenza Company's controller, had applied overhead on the basis of machine hours Expected machine hours for the are 50,000. Sanjay has been reading about activity-based costing, and he wonders whether or not it might offer some advantages to his company. He decided that appropriate drivers for overhead activities are purchase orders for purchasing, number of setups engineering hours for engineering cost, and machine hours for ather Budgeted amounts for these dmen are s and 2,500 engineering hours. Sanjay has been asked to prepare bids for two jobs with the following information ob 2 Direct materials Direct labor Number of purchase orders Number of setups $4,600 $9,340 $1,200 2,200 20 Check My Work for Grading All work saved 858