Hey, could you please answer the question attached below. Show workings as well

5': .II 849610204 AM Assignment 1 (2) - Read-only @Qxe . . Read Only- You cant save changes to this... v \\ Maintenance Power Setups General Dept. Dept. Factory A B Fixed overhead $400,000 $120,000 $100,000 $500,000 $100,000 $650,000 Variable overhead $100,000 $105,000 $50,000 $125,000 $100,000 $150,000 Maintenance hours - 1,500 500 - 1.000 7.000 Kilowatt-hours 4,500 - - 15,000 10,000 50,000 Direct labor hours 10,000 12,000 6,000 8,000 200.000 50,000 Number of setups - - - - 40 160 Square feet 25,000 40,000 5,000 15,000 35,360 94,640 The following allocation bases (cost drivers) seemed reasonable: Supmrt Department Allocation Base Maintenance Maintenance hours Power Kilowatt-hours Setups Number of setups General Factory Square feet REQUIRED 1. Advise Mr. Rooney on potential strategies he would implement to compete effectively on cost leadership strategy. 2. Calculate the unit bids for the two jobs using a plantwide 0H rate based on direct labour hours. 3. (i) Using the sequential (step-down) method, calculate the departmental overhead rates using direct labor hours for Department A and machine hours for Department B. (ii) What would the unit bids for Job A0land Job A02 have been if these overhead rates had been in effect? (Round-othe allocation ratios to 3 decimal places before you allocate the support department costs 4. Discuss any recommendations you would give to Rooney regarding the method of allocating overhead cost