inutes, 01 second. content colle Which of the following is the LAST step in activity-based costing? A. Estimating the total quantity of the cost driver B. Identifying the activities C. Allocating indirect costs to the cost object D. Estimating the total indirect costs of each activity QUESTION 4 Moonrays, Inc, makes regular and premium fluorescent lights. The firm uses machine hours to allocate its manufacturing overhead. Estimated overhead costs for the year are $108,000. Additional estimated information: Regular Premium Machine hours 29,000 48,000 Direct labor hours 9,000 20.000 Direct materials $58,000 $440,000 Calculate the predetermined overhead allocation rate. A. $3.72 per direct labor hour B. $0.22 per direct labor hour C. $1.40 per machine hour D. $2.25 per machine hour QUESTION 5 Ajax, Inc, makes radial tires in two departments: Molding and Finishing. The Molding Dept. estimates $160,000 of manufacturing overhead costs and uses machine hours as its allocation base. The Finishing Dept. estimates $340,000 of manufacturing overhead costs and uses direct labor hours as its allocation base. The firm estimates a total of 1000 machine hours and 22,000 direct labor hours for the year. Calculate the departmental predetermined overhead allocation rates. A. Molding Dept.: 55.16 Finishing Dept.: $15.45 17 Tinishing Trn : S19.97