Vip Use the following information for the next two questions. A local picnic table manufacturer has budgeted these overhead costs: Purchasing $75,000 Handling materials $33,350 Machine setups $70,500 Inspections $26,000 Utilities $50,000 They are considering adopting ABC costing and have estimated the cost drivers for each pool as shown ho Cost Driver Activity They are considering adopting ABC costing and have estimated the cost drivers for each pool as shown: Cost Driver Activity Orders 750 Material moves 1.334 Machine setups 16,000 Number of inspections 5,000 Square 200,000 Recent success has yielded an order for 1,000 tables. Assume direct labor costs per hour of $20. Determine how much the job would cost given the following activities: Activity Order (units) 1,000 Direct materials 113,000 Machine hours 15,200 Direct labor hours 5,500 Number of purchase orders 55 Number of material moves 750 Number of machine setups 110 Number of inspections 450 5 non Calculate the activity based overhead rates for each activity. Round to the nearest whole number unless otherwise specified Estimated Overhead Cost Driver Activity Rate (round to thenearest cent $ $ Purchasing Orders Handling materials Material moves $ S Machine setups Machine setups Inspections Number of inspections Square feet Utilities Carcurate me custassigned to eacracunyanu me varruer tusturvie Tecere ruer. RUUTIU TO Trearest write dollar unless otherwise specified Activity Rate (round to the nearest cent) Assigned $ Direct materials $ Direct labor Number of material moves Number of machine setups Number of Inspections Number of square feet occupied $ I For Blank 14 $ Total order cost