Problem4 ints production process, Oxford Corporation has four categories of overhead. Below is a schedule of their fscal year 20x1 budgeted overhead costs and budgeted overhead cost driver activity for each overhead category: Overhead tem Overhead ems and Related Cost Drivers Setup costs Ordering costs Maintenance Power Budgeted Costs $583.200 Cost Driver Number of setups Budgeted Quantity 2,400 270.000 Number of orders 20.000 928,000 Machine-hours 32.000 90,000 Kilowatt-hours 200,000 Oxford Corporation follows a job order cost system, Currently, in-house they have two activity production jobs. Following is a schedule detailing cost and cost driver activity for January 20x1: Actual Cost, Units Produced & Cost Driver Activity For month-ending January 20x1 Job 628 Job 027 Direct production costs Direct materials $0.000 $10,000 Direct labor $12,000 $7,000 Actual units produced and cost driver activity Units produced 750 600 Direct labor-hours 45 110 Number of setups 6 7 Number of orders B 15 Machine-hours 100 150 Kilowatt-hours 90 120 Required Prepare a schedule showing the cost driver allocation rates for allocating Oxford's overhead cost to Job 626 and Job 627. (Round amounts to 2 decimal places.) 3. Using the allocation rates derived above, allocate the overhead cost to each of Job 626 and Job 627. Panama chedule detailing Total Production Cost and Production Cost per unit for each of Job 626 and 134% Freu