Tristar Marutacturing produces two types of battery-operated toy soldiere: Infantry and special forces. The soldiers are produced by using one continuous procent. Four activities have been dertified machining setups, receiving, and packing. Resource drivers have been used to assign costs to each activity. The overhead activities, their costs, and the other related data are as follows: Product Infantry Machine Hours Setups Receiving Orders Packing Orders 20,500 240 990 1,600 20,500 80 110 800 Special Forces Costs $82,000 $19,360 $19,690 $31,200 Required: 1. Calculate the total overhead assigned to each product by using only machine hours to calculate a plertwice ratet. (Round overhead rato answer to two decimal places and other answers to the nearest dollar) 2. Calculate consumption ratios for each activity (Round to wo decimal places) 3. Calculate a rate for each activity by using the associated driver (Round to wo decimal places) 4 Assign the overhead costs to each product by using the activity rates computed in Requirement 5. CONCEPTUAL CONNECTION: Comment on the difference between the assignment in Requirement and the activity based assignment Total Overhead & Consumption Ratios 1. Calculate the total overhead assigned to each product by using only machine hours to calculate a plantwide rate. (Round overhead rate answer to two decimal places and other answers to the nearest dollar) The overhead rate is per machine hour The total overhead assigned to the infantry product is The total overhead assigned to the Special Forces product is 2. Calculate consumption ratios for each actwny (Round your answers to ho decimal places) Consumption Ratios Infantry Special Forces Overhead Activity Machining Setups Receiving Packing Instructions Activity Rate & Overhead Costs 3. Calculate a rate for each activity by using the associated driver. S per machine hour 5 per setup Machining: Setups Receiving: Packing: per receiving order per packing order 4. Assign the overhead costs to each product by using the activity rates computed in Requirement 3. Tristar Manufacturing Overhead Assignment Infantry Special Forces 1 2 Machining Setups * Receiving Packing 6 Total Instructions Activity Rate & Overhead Costs Conceptual Connection 6. CONCEPTUAL CONNECTION: Complete the statements below on the difference between the assignment calculated in Pequrament 1 and the acowity based assignmenie, Using only machine hours Infantry product and special forces product. The this before the actual calculations are made
