Can you help with this question? Please provide all logic/formulas used in description.
The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Budgeted Budgeted Overhead Level for Cost Activity Cost Pool Cost Cost Driver Driver Pool Rate Machine setups 220, 000 Number of setups 110 $2, 000 per setup Material handling 120,000 Weight of raw material 40, 000 1b. 3 per pound Hazardous waste control Weight of hazardous chemicals used .91 000'9 10 per pound Quality control Number of inspections 3,000 $ 75 per inspection Other overhead costs 400, 000 Machine hours 20, 000 20 per machine hour Total 1, 025, 060 An order for 1,000 boxes of medical-testing agent has the following production requirements. Machine seth 7 setups Raw material 10, 000 pounds Hazardous materials spunod eee't Inspections 10 inspections Machine hours 800 machine hours Required: 1. Compute the total overhead that should be assigned to the medical-testing agent order. 2. What is the overhead cost per box of testing agent? 3. Suppose Tulsa Medical Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour. 4. Under the approach in requirement 3, how much overhead would be assigned to the medical-testing agent order? a. In total. b. Per box of testing agent Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Compute the total overhead that should be assigned to the medical-testing agent order. What is the overhead cost per box of testing agent? (Round "Overhead cost" t Total overhead Overhead cost per box Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Suppose Tulsa Medical Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour. (Round your answer to 2 decimal places.) Overhead rate per machine hr. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 Req 4 Under the approach in requirement 3, how much overhead would be assigned to the medical-testing agent order? a. In total. b. Per box of testing agent. (Round your answer to 2 decimal places.) a. Total overhead b. Overhead cost per box