Activity Expected Cost Activity Driver Activity Capacity Setting up equipment $132,000 Number of setups 120 Ordering materials 27,600 Number of orders 1,200 Machining 141,050 Machine hours 10,850 Recelving 29,250 Receiving hours 1,125 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y Units completed 5,700 11,400 Number of setups 80 Number of orders 400 800 Machine hours 6,200 4,650 Receiving hours 375 750 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model X $ Model Y $ 2. Determine the total overhead assigned to each model using the two most expensive activities. The costs of the two relatively inexpensive activities are allocated to the two expensive activities in proportion to their costs. Round Interim calculations to two decimal places and round your final answers to the nearest dollar. Total Overhead Assigned Model X Model Y 3. Using ABC as the benchmark, calculate the percentage error. Round your answers to two decimal places. Percentage Error Model X Model Y