Calculating Activity-Based Costing Overhead Rates

Hello there, I tried doing this myself, but I am not sure. If you put a step by step solution, I would be grateful.

QUESTION 1 Answer saved Marked out of 1.00 g question Calculating Activity-Based Costing Overhead Rates Assume that manufacturing overhead for Glassman Company in the previous exercise consisted of the following activities and costs: Setup (1,000 setup hours) production scheduling(400 batches) Production engineering (60 change orders) 20,000 Supervision (2,000 direct labor hours) Machine maintenance(12.000 machine hours) 84000 Total activity costs The following additional data were provided for Job 845 Direct materials costs Direct labor cost (5 Milling direct labor hours; 35 Finishing direct labor hours) Setup hours Production scheduling Machine hours used (25 Milling machine hours 5 Finishing machine hours) Production engineering a. Calculate the cost per unit of activity driver for each activity cost category $156.000 72,000 56,000 $488,000 $10,000 $4,000 5 hours 1 batch 30 hours 3 change orders Setup 156 per setup hour Production scheduling cost 180 per batch Production engineering cost 2,000 per change 28 per direct labor hour Machine operating cost 7 per machine hour b. Calculate the cost of Job 845 using ABC to assign the overhead costs. Job 845 Direct materials cost 10,000 Direct labor cost 4,000 Manufacturing overhead costs: Setup costs 780 Production scheduling 180 Production engineering 6,000 840 Machine operations 210 Total cost 22,010 c. Calculate the cost of Job 845 using a company-wide overhead rate based on machine hours. Round rate to two decimal places. Company-wide overhead rate $ 40.67 per machine hour