Show me the steps to solve Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year:

Activity Expected Cost Activity Driver Activity Capacity

Setting up equipment $$126,000$ Number of setups $150$

Ordering materials $18,000$ Number of orders $900$

Machining $126,000$ Machine hours $10,500$

Receiving $30,000$ Receiving hours $1,250$

Silven produces two models of cell phones with the following expected activity demands:

Model X Model Y

Units completed $5,00010,000$

Number of setups $10050$

Number of orders $300600$

Machine hours $6,0004,500$

Receiving hours $375875$

Required:

$1.$ Determine the total overhead assigned to each product using the four activity drivers.