4 01:53:44 Morning Mate Incorporated (MMI) manufactures two different models of coffee mugs: Budget and Luxury. MMI expects to incur $81,000 of overhead cost related to the electric bill during the next fiscal year. MMI produces both model mugs in a highly automated plant environment. Other budget information is as follows. Cost Drivers Direct labor hours Machine hours Required Budget Model Luxury Model 870 3,200 8,500 5,000 Required A Required B a. Determine which cost driver would be appropriate for allocation of the overhead cost related to the electric bill. b. Use the cost driver you determined in Requirement a to allocate the overhead costs between the two products. Total Complete this question by entering your answers in the tabs below. Cost driver 4,070 13,500 Determine which cost driver would be appropriate for allocation of the overhead cost related to the electric bill. Required A Required B >

Morning Mate Incorporated (MMI) manufactures two different models of colfee mugs; Budget and Luxury. MMI expects to incur $81,000 of overhead cost related to the electric bir duting the next fiscalycar. Mit produces troth model mugs in of highly automated plant environment. Other budget information is as follows. Required a. Determine which cost diver would be appropriate for aliocation of the overhead cost related to the electric bill. . Use the cost driver you determined in Requirement a to allocate the overhead costs between the two products. Complete this question by entering your answers in the tabs below. Determine which cost driver would be appropriate for allocation of the overhead cost related to the electric bili