ACCT1350 Assignment 14 Question 1 (11 Marks) Silken Draperies makes custom draperics for homes and businesses. The company lines an activity-based costing system for its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity cost pools: Overhead Costs: Production Overhead Office Eqpense $120,000 $120.000 $240.000 Total Distribution of Resource Consumption: Activity Cost Pools Making Job Drapes Support Other 35% 49% 20% 5% 65% 30% Production overhead Office expense Total 100% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Activity Cost Pool Making Drapes Job Support Other Annual Act 2.000 metres 160 jobs Not applicable Required: a) Prepare the first stage allocation of overhead costs to the activity cost pools by filling in the table below (4 Marks): Sat Pred nahad b) Compute the activity rates (i.c., cost per unit of activity) for the Making Drapes and Job Support activity cost pools by filling in the table below (3 Marks). ACCT1350 Assignment #4 Support Making Danes Production Overhead Office Expense Total c) Compute the total overhead assigned to a job that involves making 71 metres of drapes. (4 marks)