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 $132,000 Number of setups 120 Ordering materials 15,300 Number of orders 900 Machining 87,500 Machine hours 8,750 Receiving 21,000 Receiving hours 1,050 Silven produces two models of cell phones with the following expected activity demands: Model x Model Y 4,600 9,200 80 40 Units completed Number of setups Number of orders Machine hours Receiving hours 300 600 5,000 3,750 350 700 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model X Model Y nonchartvities The posts of wam de son consumenterin On the other as to each other Total Overhead Assigned Model Hodely 2. Orthodox theco calculations to we decimal places and round the arent , Total Overhead Assed Model Model 3. Check the y todella Percentage Mode Model 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 calculations to two decimal places and round your final answers to the nearest dollar. Total Overhead Assigned Model X Modely 3. Using ABC as the benchmark, calculate the percentage error, Round your answers to two decimal places. Percentage Error Model X % Model Y % ost expensive activities. The costs of the two relatively inexpensive activities are allocated to the two expensive activities in proportion to their costs. Round interim o the nearest dollar