Please solve this question as it mention. It is a text book question. thank you

SELF-STUDY PROBLEM 1: DISTORTED PRODUCT COSTS AND ACTIVITY-BASED COSTING Edgeworth Boxes Ltd manufactures a variety of special packaging boxes used in the pharmaceutics industry. The company's Melbourne plant is semi-automated, but the special nature of the boys requires some manual labour. The accountant has chosen the following overhead activities, activity drivers, and costs per unit of activity driver for the plant's product costing system. Annual Quantity Cost per unit activity of activity Activity of activity Activity cost driver driver driver Purchasing, storage and $ 200 000 $1 000 000 Raw material 20% of material handling costs material cost Engineering and product 100 000 5000 hr Hours in design $20 per hour design department Machine set-up costs 70 000 1 000 runs Production runs $70 per hour Machine depreciation and 300 000 100 000 hr Machine hours $3 per hour maintenance Factory depreciation, taxes, 200 000 100 000 hr Machine hours $2 per hour insurance and utilities Other manufacturing costs 150 000 100 000 hr Machine hours $1.50 per hour Total $1 020 000 continuedcontinued > visbiw on Two recent production orders had the following requirements: beortho bea ulov 20 000 units of 10000 units Box C52 of Box W29 Direct labour hours 42 hr 21 hr Raw material cost $40 000 $35 000 Hours in design department 10 25 Production runs owl Riotlo vasamps or 2 4 aniperson Machine hours 24 20 Required: 1 Calculate the total overhead that should be assigned to each of the two production orders, C52 and W29. 6 16 daw anewop vob-suit 2 Calculate the overhead cost per box in each order. J not 295/1q 928 3 Suppose the Melbourne plant used a single plantwide predetermined overhead rate based on direct labour hours. The direct labour budget calls for 4000 hours. (a) Calculate the predetermined overhead rate per direct labour hour. (b) Calculate the total overhead cost that would be assigned to the order for box C52 and the order for box W29. (c) Calculate the overhead cost per box in each order. 4 Why do the two product costing systems yield such widely differing overhead costs per box