The controller for Tulsa Photographic Supply Company has established the following activity cost pools and cost drivers.Activity Cost Pool BudgetedOverheadCost Cost Driver Budgeted Levelfor CostDriver Pool RateMachine setups $ 250000 Number of setups 125 $ 2000 per setupMaterial handling 75000 Weight of raw material 37500 Ib. $ 2 per poundHazardous wastecontrol 25000 Weight of hazardouschemicals used 5000 Ib. $ 5 per poundQuality control 75000 Number of inspection 1000 $ 75 per inspectionOther overhead costs 200000 Machine hours 20000 $ 10 per machine hourTotal $ 625000An order for 1000 boxes of film development chemicals has the following production requirements.Machine setups 5 setupsRaw material 10000 poundsHazardous materials 2000 poundsInspections 10 inspectionsMachine hours 500 machine hoursRequired:1.Compute the total overhead that should be assigned to the development-chemical order.Total overhead $2.What is the overhead cost per box of chemicals? (Round your answer to 2 decimal placesOverhead cost $ per box3.Suppose Tulsa Photographic Supply Company were to use a single predetermined overhead rate based on machine hours. Compute the rate per hour.Overhead rate $ per machine hr4.Suppose Tulsa Photographic Supply Company were to use a single predetermined overhead rate based on machine hours how much overhead would be assigned to the development-chemical order?a. In total. (Do not round your intermediate calculations.Total overhead $b.Per box of chemicals. (Round your answer to 3 decimal places.Overhead cost $ per box
