Please answer the 5 requirements and label each part clearly and accordingly. Start by filling in the blanks below

erhead resources: design, production Requirements prices, so CP's co alloca 1. Compute the manufacturing overhead allocated to each customer in 2017 using the simple costing system that uses machine-hours as the allocation ing the allocation base. machin d your an 2. Compute the manufacturing overhead allocated to each customer in 2017 using department-based manufacturing overhead rates Comment on your answers in requirements 1 and 2. Which customer do you think was complaining about being overcharged in the simple system? If the new department-based rates are used to price contracts, which customerfs) will be unhappy? How would you respond to these concerns? How else might CP use the information available from its department-by-department analysis of manufacturing overhead costs? 5,00 3. g the 4. department-by-department costing system into an ABC system by identifying different activities within each department. Under what conditions would it not be worthwhile to further refine the department costing system into an ABC system? CP's managers are wondering if they should further refine the 5. Done Print ere are three main departments that consume overhead resources: design, production, an y complained of being charged noncompetitive prices, so CP's cont imple costing system allocates variable manuf ng detailed information: Data Table overh erhea bas To Usage of Cost Drivers by Customer Swe Contract Manufacturing Eastern Caufield Island omer Department Cost Driver Overhead in 2017 Motors Motors Auto erhe Design CAD-design-hours 35,000 150 250 100 ocat Engineering Engineering-hours 25,000 130 100 270 220,000 1,000 3,700 300 Machine-hours Production 280,000 Total Done Print 40 Car Plant (CP) designs and produces automotive parts. In 2017, actual variable manufacturing overhead is $280,000 CP's simple costing system alocates variable manuacuing ovehead to tra based on machine-hours and prices its contracts based on full costs. One of ts customers has regulary complained of being charged noncompee prices so CPs cooer Doug Donhue examine the consumption of overhead resources more closely, He knows that there are three main departments that consume overhead resources design production, and engineeng vs with the depement personnel and examination of time records yield the following detailed information EEClick the icon to view the information.) Quston Hep enu Read the reauirements Requirement 1. Compute the manufacturing overhead allocated to each customer in 2017 using the simple costing system that uses machine-hous as the alocation be Determine the formula needed to caloulate overhead using the simple costing method and then calculate CPs manutacturing overhead nate for 2017.(Round your answer to the nea n Total machine hours Manufacturing overhead rate Total manufacturing overhead 56.00 per machine hour 5,000 280,000 S Calculate the overhead allocated to each customer using the simple costing method. (Round your answers to the nearest whole dollar) Overhead Machine Allocated Hours Used Customer Eastem Motors Caufeld Motors Island Auto