Dine City, manufactures pressure Cookers. Based on past experience, Dine City has found that its total annual overhead costs can be represented by the following formula: Overhead cost = $303,000 + $2.30X, where X equals a number of pressure Cookers. Last year, Dine City produced 40,000 Cookers. Actual overhead costs for the year were as expected.

Answer the following:

1. What is the driver for the overhead activity?

2. What is the total overhead cost incurred by Dine City last year?

3. What is the total fixed overhead cost incurred by Dine City last year?

4. What is the total variable overhead cost incurred by Dine City last year?

Please write all the workings and details, explain the logic wherever applicable and required. Please do not just write the answer.

Can you please answer these in 15 minutes please