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 5141,000 Number of setups 120 Ordering materials 17,100 Number of orders 900 Machining 154,700 Machine hours 11,900 Receiving 24,570 Receiving hours 045 Silven produces two models of cell phones with the following expected activity demands: Model X Model Units completed 4 500 9,000 Number of setups BO 40 Number of orders 300 600 Machine hours 6,800 5,100 Receiving hours 315 630 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned 2. Determine the total overhead assigned to each model using the two most expensive activities. The costs of the two relatively inexpensive activities are allocated to the two expensive activities in proportion to their costs. Round interim calculations to two decimal places and round your final answers to the nearest dollar. Total Overhead Assigned 3. Using ABC as the benchmark, calculate the percentage error. Round your answers to two decimal places. Percentage Error