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Use the following to answer questions 27-28: Orange, Inc. has identified the following cost drivers...

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Accounting

Use the following to answer questions 27-28: Orange, Inc. has identified the following cost drivers for its expected overhead costs for the year: Total direct labor hours budgeted = 2,400 hours. The following data applies to one of the products completed during the year:

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Total direct labor hours budgeted = 2,400 hours.

The following data applies to one of the products completed during the year:

image

If direct labor hours are used on a traditional costing system to assign overhead, the total overhead cost for Product X will be ________?

If the activity-based cost drivers are used to allocate overhead cost, the total overhead cost of Product X will be ________?

Setrp Ordring Mainnnre Power 40,000 Number ofsetups 20000 Namber ofonrs 50000 Marhinehours 10,00 Kilowatt hours 200 1,00I 5,000 10 000

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