1. Fiore Company makes two products, Dahlia and Marigold. Dahlia's estimated production is 8,000 units per year. Marigold's estimated production is 10,000 units per year. Dahlia requires two hours of direct labor per unit for completion, and each unit of Marigold requires one and a half direct labor hours for completion. Estimated total annual factory overhead costs are $948,000. Fiore assigns factory overhead cost based on direct labor hours. Calculate the amount of total estimated factory overhead cost assigned to products Dahlia and Marigold. 2. Andromeda Company manufactures two products, Regulus and Polaris. Andromeda's factory overhead costs for two departments are fabrication, $2,800,000; and assembly, $1,200,000. Product specifications for the two products are: Regulus Polaris Direct labor hours 12,000 15,000 Machine hours 12.000 30,000 Number of parts 70,000 130.000 a) Calculate estimated Factory Overhead cost applied to Regulus and Polaris using only the machine hour activity. b) Calculate estimated Factory Overhead cost applied to Regulus and Polaris using machine hours and number of parts combined. 3. Teledyne, Inc. makes 3 products (P1, Q2, R3) in its factory today: 5,000 units of P1, 5,000 units of Q2, and 3,000 units of R3. Q2 requires 450 purchase orders, and R3 requires 750 purchase orders. Teledyne has identified an ordering and receiving activity with allocated factory overhead cost $684,000 for which the activity is "number of purchase orders. 2,500 total purchase orders are expected for all three products. Calculate the total ordering and receiving factory overhead cost is assigned to each product using activity-based costing (ABC)