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Are all these answers correct? Brief Exercise 5.5 Your answer has been saved and sent for grading. See Gradebook for score details. Mordica Company identifies

Are all these answers correct?

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Brief Exercise 5.5 Your answer has been saved and sent for grading. See Gradebook for score details. Mordica Company identifies three activities in its manufacturing process: machine set-ups, machining, and inspections. Estimated annual overhead cost for each activity is $165,100, $362,600, and $95,880, respectively. The cost driver for each activity and the estimated annual usage are: number of set-ups 2,540, machine hours 25,900, and number of inspections 1,880. Calculate the overhead rate for each activity. Machine set-ups 65 per set-up $ Machining 14 per machine hour Inspections 51 per inspection Brief Exercise 5.7 Your answer has been saved and sent for grading. See Gradebook for score details. Computer Paris Inc., a manufacturer of computer chips, employs activitybased costing. The following budgeted data for each of the activity cost pools are provided for the year 2020. Ordering and receiving 15 60,000 15,000 orders Etching 360,000 60,000 machine hours Soldering 1,320,000 440,000 labour hours For 2020, the company had 11,000 orders and used 50,000 machine hours, and labour hours totalled 500,000. What is the total overhead applied? (Round overhead rates to 2 decimal places, e.g. 15.25 and nal answer to 0 decimal places, e.g. 5,725.) Total Overhead Applied 1,844,000 $

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