Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year:

ActivityExpected CostActivity DriverActivity CapacitySetting up equipment$126,000Number of setups150Ordering materials18,000Number of orders900Machining126,000Machine hours10,500Receiving30,000Receiving hours1,250

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

Model XModel YUnits completed5,00010,000Number of setups10050Number of orders300600Machine hours6,0004,500Receiving hours375875Required:

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

Total Overhead AssignedModel X$fill in the blank 1

Model Y$fill in the blank 2

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. In your calculations round interim calculations to the nearest cent and round your final answers to the nearest dollar.

Total Overhead AssignedModel X$fill in the blank 3

Model Y$fill in the blank 4

3.Using ABC as the benchmark, calculate the percentage error. Round your answers to one decimal place.

Percentage ErrorModel Xfill in the blank 5

%Model Yfill in the blank 6

%