Approximately Relevant ABC 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 $132,000 Number of setups 120 Ordering materials 15,300 Number of orders 900 Machining 87,500 Machine hours 8,750 Receiving 21,000 Receiving hours 1,050 Silven produces two models of cell phones with the following expected activity demands: Model X Model Y Units completed 4,600 9,200 Number of setups 80 40 Number of orders 300 600 Machine hours 5,000 3,750 Receiving hours 350 700 Required 1. Determine the heat oned to eaching the fourtivity Total Overhead Assigned Hotel MY > Ostmine the total versioned to rach modeling the two most expedite the content to where calculations to two decimal places and round your files to the nearest dollar Total Overhead signed MX Moda 3. USHAUC as the bencharcade the Hond year wwers to the decimal Percentage Error Model Modely 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 calculations to two decimal places and round your final answers to the nearest dollar. Total Overhead Assigned Model X Model Y S 3. Using ABC as the benchmark, calculate the percentage error. Round your answers to two decimal places. Percentage Error Model X % Model Y %6 expensive activities. The costs of the two relatively inexpensive activities are allocated to the two expensive activities in proportion to their costs. Round interim e nearest dollar