Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year: Activity Expected Cost Activity Driver Activity Capacity Setting up equipment $126,000 Number of setups 150 Ordering materials 18,000 Number of orders 900 Machining 126,000 Machine hours 10,500 Receiving 30,000 Receiving hours 1,250 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y Units completed Number of setups Number of orders Machine hours Receiving hours 5,000 100 300 6,000 375 10,000 50 600 4,500 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model X 5 171,000 Modely $ 129,000 2. Determine the total overhead assigned to each model using the two most expensive activities. The costs of the two relative calculations to the nearest cent and round your final answers to the nearest dollar Total Overhead Assigned Check My Work 1. Determine the total overhead assigned to each producing the four activity drivers Total Overhead Assigned 171.000 Modely 129.000 cautions to the nearest cent and round your finale s de rent Total Overhead Assigned Model Model 3. Using ABC as the benchmark cacate the percentage are s 2. New Cost Posted on Expected Costume ABC Tal Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year: Activity Expected Cost Activity Driver Activity Capacity Setting up equipment $126,000 Number of setups 150 Ordering materials 18,000 Number of orders 900 Machining 126,000 Machine hours 10,500 Receiving 30,000 Receiving hours 1,250 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y Units completed Number of setups Number of orders Machine hours Receiving hours 5,000 100 300 6,000 375 10,000 50 600 4,500 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model X 5 171,000 Modely $ 129,000 2. Determine the total overhead assigned to each model using the two most expensive activities. The costs of the two relative calculations to the nearest cent and round your final answers to the nearest dollar Total Overhead Assigned Check My Work 1. Determine the total overhead assigned to each producing the four activity drivers Total Overhead Assigned 171.000 Modely 129.000 cautions to the nearest cent and round your finale s de rent Total Overhead Assigned Model Model 3. Using ABC as the benchmark cacate the percentage are s 2. New Cost Posted on Expected Costume ABC Tal