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Benedict Metal Works produces two types of motal lamps. Benedict manufoctures 10,500 basic lamps and 5,450 designer lamps. Its activity-based costing system uses two indirect-cost pools. One cost pool is for sot up costs and the other for general manulscturing overhead. Benedict allocates set up costs io the two lamps based on sebup labor-hours and guneral manifacturing everhead costs on the basis of dicoct manufacturing labot-houns. It provides the following budgeted cost intormation: (Cick the icon to view the information).) Calculate the fotal budgoted costs of the basic and designer lamps using Benedicts activity-based costing system. applicable amounts and calculate the rate. Eegin with the overhead rate for set up costa. (Abbreviabicns used: MOH = Manufacturing Overhead.) $) Now calculate the budgeted direct costs of basic and designer lamps if Benedict allocatas ovechead costs in each department using activity basod costing. Then compiale calculatione. Round the lotal amounts to the nearest whole dolse and rourd all per unit arnounts to tavo docimak places ) Benedict Metal Works produces two types of metal lamps. Benedict manufactures 19,500 basic lamps and 6,450 designer lamps. Its activity.based cosfing system uses two indirect.cost poots. One cost pool is for set up costs and the other for general manufacturing overhead. Benedict allocates set up costs to the two lamps based on setup labor-hours and general manufacturing overhead costs on the basis of diroct manufacturing laborithourt. it provides the following budgeted cost informathon: (Click the icon to viow the information.) Calculate the fotal budgeted costs of the basic and designer lamps using Benedictis activity-basod costing syatem. Data table

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