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plz show clear steps on how to solve Q1 and Q2 . thank you. Hulk Motors Hulk Motors (SM) produces three types of motors (MO1,

plz show clear steps on how to solve Q1 and Q2 .
thank you.
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Hulk Motors Hulk Motors (SM) produces three types of motors (MO1, MO2, MO3) and sells them to the heavy machinery industry. SM uses three activities to produce these products: design, fabrication, and assembly In turn the three activities use four overhead resources: Indirect labour workers, production workers, machine A, and machines Machine A has an annual cost of $265,000 and a practical capacity of 2,650 hours. Machine B has an annual cost of $348,000 and a practical capacity of 2.900 hours. Workers must be hired for the entire year. No partial worker hiring is permitted. Indirect labout workers are paid a salary of $81,000 per year. They work 250 days each year, and 8 hours a day. However, each day, Indirect labour workers are given a 15- minute break in the morning, a 15-minute break in the afternoon. 15 minutes of quality control training and 30 minutes for lunch. The production workers are paid a yearty salary of $59.500. The production workers also work 250 days each year. The workday is 8 hours however each day production workers are given a 15-minute break in the morning a 15 minute break in the afternoon, and 30 minutes for lunch. The following table identifies the hours of each activity that each product uses. Activity Consumed Product Design Fabrication Assembly MOI 0.90 120 2.40 MOZ 1.10 180 2.70 MO3 150 2.70 1.90 The following table identifies the hours of overhead resources used per hour of each activity Activity Resource Use Resource Design Fabrication Assembly Indirect Labour 3.80 5.00 6.00 Production Labour 5.50 425 2.20 Machine A 0.75 0.80 1.00 Machine B 1.00 0.90 160 1/2 Required: For all questions, summarize the costs in a table in the body of your report and show all calculations clearly in an appendix 01) What is the overhead cost of each activity? [1 mark) Q2) What is the overhead cost of each product? [1 mark]

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