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I need answers to these questions with explanations that explains the method performed. Photo documentation attached of the question. Question 3 A company incurs $1190000

I need answers to these questions with explanations that explains the method performed. Photo documentation attached of the question.

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Question 3 A company incurs $1190000 of overhead each year in three departments, Processing, Packaging, and Testing. The company performs 800 processing transactions, 192000 packaging transactions, and 2000 tests per year in producing 405000 drums of oil and 609000 drums of sludge. The following data are available: Department Expected use of Cost Driver Processing 800 $508000 Packaging 192000 508000 Testing 2000 174000 2020 Fall Tutorial 04 (week 5) Eve 51, Version 1 Student Name: 07.09.2020 11:46 AM Production information for oil is as follows: Department Expected use of Driver Processing 400 Packaging 120000 Testing 1500 Calculate the amount of overhead assigned to oil. a. $595000 b. $702000 c. $488000 d. $448000

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