Pa ee re ed Te ede eed Rae ee ee a ua ete Question 1 of 20 -f/5 Sheridan, Inc. produces two types of gas grills: a family model and a deluxe model, Sheridan's controller has decided to use a plantwide overhead rate based on direct labor costs. The president of the company recently heard of activity-based costing and wants to see how the results would differ if this system were used. Two activity cost pools were developed: machining and machine setup. Presented below is information related to the company's operations: Family Model Deluxe Model Direct labor costs $72,300 $144,600 Machine hours 2,000 2,000 Setup hours 200 800 Total estimated overhead costs are $433,800. Overhead cost allocated to the machining activity cost pool is $260,280 and $173,520 is allocated to the machine setup activity cost pool. (a) Compute the overhead rate using the traditional (plantwide) approach. (Round answer to 2 decimal places, e.g. 15.25.) Login Options | Columbia Souther X A Content/ ACC 3301-21.02.01-282 x WP Question 1 of 20 - Unit Ill Lab Ass X * Homework Help - Q&A from Onli x + X G @ https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=9492426a-bcc8-4772-b252-6c9b244fc9ec#/question/0 . . . Unit Ill Lab Assignment Question 1 of 20