Question 16 (4.5 points) Speedy Company has identified the following activities relating to indirect production costs: Activity Machine Setup Materials Handling materials Activity Costs $180,000 $50,000 Cost Drivers 1,800 setup hours 10,000 pounds of Electric Power $20,000 2,000 kilowatt hours Speedy Company has received an order to produce 4000 units of product A. The following information Number of units produced 4,000 Direct materials cost $22.000 Direct labor cost $12.000 Number of setup hours 100 Pounds of materials used 500 Kilowatt-hours 1,000 Required: Usine the activity-based costine andrea acacion this 0.- Home $ & * ) % 5 4 6 8 9 0 Y P F G H J K Talha Lodhi: Attempt 1 Browser Direct materials cost $22,000 Direct labor cost $12,000 Number of setup hours 100 Pounds of materials used 500 Kilowatt-hours 1,000 Required: Using the activity-based costing approach, calculate total manufacturing cost for this order. Show all you calculations. Make sure to label your numbers (for example don't write 2+4 instead write DM 2 + DL 4) & $ 4 % 5 GEN 6 8 9 0 Y U O P F G H J K 1