Question 1 Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Cost Driver Activity Machines . If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is DIS 113 $11.30 Question 2 A company incurs $3780000 of overhead each year in three departments: Processing, Packaging, and Testing. The company performs 800 processing transactions, 200000 packaging transactions, and 2000 tests per year in producing 400000 drums of Oil and 600000 drums of Sludge. The following data are available: Department pred Use of Driver Cost Production information for the two products is as follows: Department Cupected of Deliver upected Use of Dr The amount of overhead assigned to Oil using ABC is 010