ACCT212 SEM 181 - ASSIGNMENT 1 INSTRUCTIONS A. Compute the predetermined overhead rate using traditional costing with machine hours as thebasis. B. What is the manufacturing cost per stairway under traditional costing? (Round to the nearestcent.) C. What is the manufacturing cost per stairway under the proposed ACTIVITY-BASED COSTING? (Round to the nearest cent. Prepare all of the necessary schedules.) D. Which of the two costing systems is preferable in pricing decisions and why? QUESTION 4 The number of X-rays taken and X-ray costs over the last nine months in Beverly Hospital are given below: A. Using the high-low method, estimate the cost formula for X-ray costs. B. Using the cost formula you derived above, what X-ray costs would you expect to be incurredduring a month in which 4,600 X-rays are taken? QUESTION 5 Jorge Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 centsper 16-ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2014, management estimates the following revenues and costs. Instructions A. Prepare a CVP income statement for 2014 based on management's estimates. (Show column fortotal amounts only.) B. Compute the break-even point in (1) units and (2) dollars. C. Compute the contribution margin ratio and the margin of safety ratio. (Round to nearest fullpercent.) D. Determine the sales dollars required to earn net income of $180,000