Sheffield, Inc. produces 3 products: P1, Q2, and 13. P1 requires 300 purchase orders, Q2 requires 600 purchase orders, and R3 requires 900 purchase orders. Sheffield has identified an ordering and receiving activity cost pool with allocated overhead of $255000 for which the cost driver is purchase orders. Direct labor hours used on each product are 50000 for P1, 40000 for Q2, and 110000 for R3. What amount of ordering and receiving overhead is assigned to each product if ABC is used? P1 Q2 R3 $85000 $85000 $85000 $42500 $85000 $127500 $63750 $51000 $140250 $53125 $68000 $133875 Concord, Inc. manufactures two products, wheels and seats. The company has estimated its overhead in the assembling department to be $760000. The company produces 700000 wheels and 600000 seats each year. Each wheel uses 2 parts, and each seat uses 3 parts. What amount of the assembly overhead cost should be allocated to wheels? $332500 $483636 $409231 5304000 Carla Vista Company manufactures two products, Velveeto and Fondant Carla Vista has estimated overhead costs as follows: setting up machines ($192000), machining ($319200) and inspecting ($120000). Information on the two products follows: Velveeto and Fondant Direct labor hours Velveeto 80000 Fondant 120000 Machine setups Velveeto 4400 Fondant 3600 Machine hours Velveeto 116000 Fondant 124000 Inspections Velvet 5200 Fondant 4800 Machine hours Velveeto 116000 Fondant 124000 Inspections Velveeto 5200 Fondant 4800 If Carla Vista uses ABC, how much overhead will be applied to Velveeto? $507600 $631200 $315600 $322280