Larsen, Inc., produces two types of electronic parts and has provided the following data:

Part X$12$ Part YK$7$ Total

Units produced $100,000600,000$

Direct labor hours $35,00065,000100,000$

Machine hours $52,500297,500350,000$

Number of setups $3684120$

Testing hours $1,2008,80010,000$

Number of purchase orders $4403,5604,000$

There are four activities: machining, setting up$,$ testing, and purchasing.

Required:

$1.$ Calculate the activity consumption ratios for each product. Round your answers to two decimal places.

Consumption Ratios

Overhead Activity Part X$12$ Part YK$7$ Activity Driver

Machining fill in the blank $1$

fill in the blank $2$

Setups fill in the blank $4$

fill in the blank $5$

Inspecting products fill in the blank $7$

fill in the blank $8$

Purchasing fill in the blank $10$

fill in the blank $11$

$2.$ Calculate the consumption ratios for the plantwide rate $($direct labor hours$).$ Round your answers to two decimal places.

Consumption Ratios

Overhead Activity Part X$12$ Part YK$7$

Plantwide:

Manufacturing fill in the blank $13$

fill in the blank $14$

Which product is undercosted?

$3.$ If the machine hours were used for the plantwide rate, would this remove the cost distortion of a plantwide rate?