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Ayayai Industries manufactures dining chairs and tables. The following information is available regarding the two products and their estimated use of cost drivers: Dining
Ayayai Industries manufactures dining chairs and tables. The following information is available regarding the two products and their estimated use of cost drivers: Dining Chairs Tables Estimated Cost Machine setups 205 605 $47,790 Inspections 255 475 $72,270 Labor hours 2,600 2,400 Ayayai is considering switching from one overhead rate based on labor hours to ABC Perform the following analyses for these two components of overhead: (a) Compute total machine setups and inspection costs assigned to each product, using a single overhead rate. (Round overhead rate value to 3 decimal places, eg. 52.711 and final answers to O decimal places, eg. 5,275.) Total Costs Dining chairs $
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