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	$129,000		Number of setups		120
Ordering materials	12,600		Number of orders		600
Machining	95,200		Machine hours		11,900
Receiving	14,880		Receiving hours		930

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

		Model X		Model Y
Units completed		5,100		10,200
Number of setups		80		40
Number of orders		200		400
Machine hours		6,800		5,100
Receiving hours		310		620

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

	Total Overhead Assigned
Model 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. Round interim calculations to two decimal places and round your final answers to the nearest dollar.

	Total Overhead Assigned
Model 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 two decimal places.

	Percentage Error
Model X	fill in the blank 5 %
Model Y	fill in the blank 6 %

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 $129,000 Number of setups 120 Ordering materials 12,600 Number of orders 600 Machining 95,200 Machine hours 11,900 Receiving 14,880 Receiving hours 930 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y 5,100 10,200 80 Units completed Number of setups Number of orders Machine hours Receiving hours 40 400 200 6,800 5,100 310 620 Required: 1. Determine the total overhead assigned to each product using the four activity drivers. Total Overhead Assigned Model X Model Y 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 Model X Model Y 3. Using ABC as the benchmark, calculate the percentage error. Round your answers to two decimal places. Percentage Error Model X % Model Y %