PROBLEM#1 ABC Sonoma Manufacturing has five activity cost pools and two a deluxe tape vacuum). Information is presented below products (a budget tape vacuum and Cost Driver Est Overhcad Budeet Deluss Setups Parts Ordering and Receiving Orders S 120,000 297,000 400 400 Machine Setup Machining Assembly Inspection Machine hours 1,000,000 150,000 100,000 1,400,000 1,200,000 800,000 300,000 550 450 Note: Sonoma Manufacturing anticipate producing 50,000 vacuums of the Budget model and 30,000 of the Deluxe model. Instructions a.) Compute the ABC overhead application rate b.) Computer the overhead cost to be assigned