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Martinez Industries manufactures dining chairs and tables. The following information is available regarding the two products and their estimated use of cost drivers: Dining

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Martinez Industries manufactures dining chairs and tables. The following information is available regarding the two products and their estimated use of cost drivers: Dining Chairs Tables Estimated Cost Machine setups 245 645 $48,950 Inspections 295 515 $72,900 Labor hours 2,600 2,400 Martinez is considering switching from one overhead rate based on labor hours to ABC. Perform the following analyses for these two components of overhead: (a) Your answer has been saved. See score details after the due date. Compute total machine setups and inspection costs assigned to each product, using a single overhead rate. (Round overhead rate value to 3 decimal places, e.g. 52.711 and final answers to O decimal places, e.g. 5,275.) Total Costs Dining chairs $ 63362 Tables: $ 58488

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