Product-Costing Acraracy, Consumption Ratios, Activity Rates, Activity Costing Tierar Maaufacturing produces two types of battery-operated toy soldieist infantry and specil forceis. The soldiers are produced by using one continuous precess, four activties hat been adentied: machining, setups, receiving, and padking. Resource drivers have been used to assign costs to, esch activity. The overhed activites, their costs, and the other related data are. follows: Required: 1. Gaiculate the total avetheod assigned to each product by using only machine hours to caicalate a plantwide nate. (Round overhead rate answer to two deomal places and other answen to the nearest dollac) The overthead rate is 5 per machine houe. Then total ovectuend assigned to the infantry peoduct is 5 The to tal oveihead assoned to the 5pecal forces product is $ 2. Calabiate consumption ratios for each activity. (found wour answers to two decimal places.) Feedback Check My Work Divide the total overhead by the total machine hours for rate per 3. Calculate a rate for each activity by using the associated driver. 4. Assign the overhead costs to each product by using the activity rates computed in Requirement 3. Tristar Manufacturing Overhead Assignment