Question: Please I need require 2&3 just Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year:
Please I need require 2&3 just


Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year: Activity Expected Cost Activity Driver Activity Capacity $126,000 Number of setups 120 15,300 Number of orders 900 Setting up equipment Ordering materials Machining Receiving 134,400 Machine hours 11,200 21,600 Receiving hours 900 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y 4,900 9,800 Units completed Number of setups 80 40 Number of orders 300 600 Machine hours 6,400 4,800 Receiving hours 300 600 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model X $ 173,100 Model Y $ 124,200 7 2. Determine the total overhead assigned to each model using the two most expensive activities. The costs of the two relatively inexpensive activities are allocated to the two expensive activities in proportion to their costs. Round interim calculations to two decimal places and round your final answers to the nearest dollar. Total Overhead Assigned Model x $ 183,536 x 113,672 X Model Y $ 3. Using ABC as the benchmark, calculate the percentage error. Round your answers to two decimal places. Percentage Error Model X % Model Y %
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