OVO lackboard Remaining Time: 34 minutes, 1 seconds. Question Completion Status: QUESTION 1 Greenbrier Manufacturing is the producer of two qualities of jet airplane instrument panels, (1) premium and (2) turbo. During October, the company experienced above normal production Specifically 800 premium panels were produced, and 100 turbo panels were produced The overhead cost is estimated to be $134.250 A breakdown of the overhead costs reveals the following activisies COST DRIVERS TOTAL COST 1 Materials handling 2 Equipment setup 3 Inspections Number of requisitions Number of setups Number of inspections 52,500 41,250 40.500 The cost analysts determined the following cost driver volumes for each product as follows TOTAL Number of requisitions Number of setups 500 300 500 700 500 250 1.200 800 750 1 Compute the overhead rate for each activity 2 Determine the amount of overhead costs that should be assigned to each product 3 Assume inslead of ARC the raditional method af avechead assinnment used deact lahor ensts to assinn avarhead T Total direct labor hosa Click Save and Submit to save and submit, Click Save All Answers to save all answers Save All Answers