E5-17 (similar to) Question Help Sable Brass Company manufactures pumps and valves and uses a time-driven activity-based cost (TDABC) system. Last year, Sable recorded the following data for assigning manufacturing overhead costs to its products: .: (Click the icon to view the data.) Requirements (a) Using the company's TDABC system, how much manufacturing overhead cost will be assigned to pumps? How much will be assigned to valves? (b) What is the company's net income? (Assume the company sells the entire amount of the products it produces.) Sable also developed the following information on revenues and costs other than manufacturing overhead: (Click the icon to view the revenue and other costs.) Requirement (a) Using the company's TDABC system, how much manufacturing overhead cost will be assigned to pumps? How much will be assigned to valves? The manufacturing overhead cost assigned to pumps will be $ and the manufacturing overhead cost assigned to valves will be $ 1. i Data Table - X i Data Table Total Unit Time Estimates Practical Capacity Not (Hours Assigned to Products) Assigned to Products (Hours) (Rates per Hour) Pumps Valves Total revenues Total direct labor cost Total direct materials cost SG and A expenses $ $ 870,000 100,000 80,000 94,000 1,400 450 Machine setups and run time $40 per machine hour Labor for setups, receiving, and packing $20 per labor hour Engineering (for specializing products) $70 per engineering hour 900 3,500 5,000 400 250 700 Print Done Print Done