Question 1 (11Marks) Silken Draperies makes custom drapenes for homes and businesses. The company uses an activity-based costing system for its overhead costs. The company has provided the following data conceming its annual overhead costs and its activity cost pools Overhead Costs Production Overhead Office Expense Total $120,000 $120.000 $240.000 Distribution of Resource Consumption: Activity Cost Pools Making Job Drapes Support Other 35% 45% 20% 5% 65% 30% Production overhead Office expense Total 100% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining posts. The amount of activity for the year is as follows: Activity Cost Pool Making Drapes Job Support Other Annual Activity 2.000 metres 160 jobs Not applicable Required b) Prepare the first stage allocation of overhead costs to the activity cost pools by filling in the table below (4 Marks): Making Draps Support Other Production Overhead Office Expense Total ) Compute the activityrates (1.e., cost per unit of activity) for the Making Drapes and Job Support activity cost pools by filling in the table below (3 Marks): Job Making Depes Support Production Overhead Office Expense Total b) Compute the total overhead assigned to a job that involves making 71 metres of drapes. (4 marks)