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Complete this question by entering your answers in the tabs below. Using the plantwide approach, calculate the amount of overhead that would be assigned to each product. Complete this question by entering your answers in the tabs below. Using the departmental approach, calculate the departmental overhead rates. (Rour Koontz Company manufactures two models of industrial components - a Basic model and an Advanced Model. The company considers all of its manufacturing overhead costs to be fixed and it uses plantwide manufacturing overhead cost allocation based on direct labor-hours. Koontz's controller prepared the segmented income statement that is shown below for the most recent year (he allocated selling and administrative expenses to products based on sales dollars): Direct laborers are paid $20 per hour. Direct materials cost $40 per unit for the Basic model and $60 per unit for the Advanced model. Koontz is considering a change from plantwide overhead allocation to a departmental approach. The overhead costs in the company's Molding Department would be allocated based on machine-hours and the overhead costs in its Assemble and Pack Department would be allocated based on direct labor-hours. To enable further analysis, the controller gathered the following information: Using your contribution format segmented income statement from requirement 4 , calculate the break-even point in dollar sales for the Advanced model. (Round your intermediate calculations to 2 decimal places. Round your final answer to the nearest whole dollar.) Calculate the total selling and administrative cost traced to the Basic model and the Advanced model using the activity-based approach. Using activity-based costing, calculate the total manufacturing overhead cost allocated to the Basic model and the Advanced model using the activity-based approach. (Round your intermediate calculations to 2 decimal places.) Using your activity-based cost assignments from requirement 3, prepare a contribution format segmented income statement that is adapted from Exhibit 6-8. (Hint: Organize all of the company's costs into three categories: variable expenses, traceable fixed expenses, and common fixed expenses.) (Round your intermediate calculations to 2 decimal places.) Using the departmental approach, calcula Req 2B al amount of overhead that would be assigned to each product. (Round your intermediate calculations to 2 decimal places.) Using activity-based costing, calculate an activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Using the plantwide approach, calculate the plantwide overhead rate. Using your departmental overhead cost allocations, redo the controller's segmented income statement (continue to allocate selling and administrative expenses based on sales dollars). (Round your intermediate calculations to 2 decimal places.)