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5. Raven Company manufactures two products (X and Y). The overhead costs ($171,000) have been divided into four cost pools that use the following activity

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5. Raven Company manufactures two products (X and Y). The overhead costs ($171,000) have been divided into four cost pools that use the following activity drivers: Number MachineOrders of of ProductSetups Ordes Hours Packing 50 10 100 50 1,000 1,500 125 75 Cost per pool Required 12,000 $9,000 $100,000 $50,000 Additionally, Raven incurred the following amounts of direct materials and direct labor on products X and Y: Direct materials Direct labor S60,000 $40,000 $100,000 80,000 110,000 $70.000 $180.000 Total Determine the single plantwide factory overhead rate using machine hours as the allocation base. Determine the total overhead costs assigned individually to products X and Y using the single a. b. plantwide factory overhead rate determined in part (a) above Determine the activity rate for each activity Determine the total activity (overhead) costs assigned products X and Y using the activity rates c. d. found in part c Determine the total product costs assigned to products X and Y using the activity rates found in e. part c

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