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Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers...

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Accounting

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Approximately Relevant ABC Silven Company has identified the following overhead activities, costs, and activity drivers for the coming year: Silven produces two models of cell phones with the following expected activity demands: Required: 1. Determine the total overhead assigned to each product using the four activity drivers. 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. 3. Using ABC as the benchmark, calculate the percentage error. Round your answers to two decimal places. Theck My Work 1. Activity Rote = Expected cost + activity capacity, Overhead Cost = Activity Rotex Expected Activity demand 2. New Cost Poois = Expected Cost +[ (Expected Cost + Total two most expensive ) two least expensive ]. New activity rates = Above calculation Activity Capscity. This answer is used to calculate the Total OH assigned to each Model. 3. Percentage error = (Total approx, ABC cost - Activity cost assignment) Activity cost assignment. Discuss desirability

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