Photos - IMG_7347.JPG See all photos + Add to E @ t Edit & Create Share ob 6. (10 points) Queen's Trophies makes trophies and plaques and operates at capacity. Queen does large custom orders, such as the participant trophies for the Mishawaka Little League. The Controller has asked you to implement an activity-level cost allocation system. Queen's Trophles Budgeted Information For the Year ended 30 November 2020 Trophies Plaques $13,000.00 $11,250.00 $15,600.00 $9,000.00 Total $24,250.00 $24,600.00 Forming Department Direct materials Direct labor Overhead Costs Setup Supervision $24,000.00 $9,840.00 Trophies $2,600.00 $7,800.00 Plaques $9,375.00 $10,500.00 Total $11,975.00 $18,300.00 Assembly Department Direct materials Direct labor Overhead Costs Setup Supervision $11,500.00 $10,980.00 Other information follows: Setup costs vary with the number of batches processed in each department. The budgeted number of batches for each product line in each department is as follows: Forming Department Assembly Department Trophies 140 143 Plaques 100 87 Supervision costs vary with direct labor costs in each department, (Show all your work to receive full credits) Type here to search j 12:53 PM 12/15/2020 Photos - IMG_7350.JPG See all photos + Add to t Edit & Create Share ob (Question 6 continued) Calculate the budgeted cost of trophies and plaques if Queen allocates overhead costs in each department using activity-based costing. Overhead cost allocation rates Forming dept, Setup cost: Forming dept, Supervision cost: Assembly dept, Setup cost: Assembly dept, Supervision cost: Budgeted cost of trophies: Budgeted cost of plaques: Type here to search j E 12:53 PM 12/15/2020