Problem (3 points ) : Cepeda Corporation has the following cost records for June 2014: = Indirect factory Labor $ 4,500 Direct Materials Used 20,000 Work in process, 6/1/14 3,000 Work in process, 6/30/14 3,800 Finished Goods, 6/1/14 5,000 Finished Goods, 6/30/14 7.500 Factory Utilities Depreciation, factory equipment Direct Labor Maintenance, factory equipment Indirect materials Factory manager's salary $ 400 1,400 40,000 1.800 2,200 3,000 A) Prepare a cost of goods manufactured schedule for June 2014 The controller for SABIC Supply Company has established the following overhead cost pools and cost drivers: Activity Cost Pool Cost Driver Estimated Overhead Cost Machine setups Number of setups $150,000 Material handling Units of raw material 52,500 Quality control inspection Number of inspections 37,500 Other overhead costs Machine hours 90,000 Total $330,000 Activity Cost Pool Machine setups Material handling Quality control Other overhead Expected Level for Cost Driver 100 setups 50,000 units 1,000 inspections 15,000 machine hours = Order no. 204 has the following production requirements: Activity Cost Pool Expected Level for Cost Driver Machine setups 5 setups Raw material 10,000 units Inspections 12 inspections Machine hours 600 machine hours Required: Prepare a schedule showing the computations of the activity-based overhead rates per cost driver. (2 points)