Oliver Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year:

During May, Jeff and Arabella Oliver machined and assembled Job 557. Jeff worked a total of 10 hours on the job, while Arabella worked 4 hours on the job. Jeff is paid a $25 per hour wage rate, while Arabella is paid $28 per hour because of her additional experience level. Direct materials requisitioned for Job 557 totaled $1,250. The following additional information was collected on Job 557: the job required 2 machine setups, 6 machine hours, and 3 quality control tests.
1. Compute the activity cost allocation rates for the year.
2. Complete the following job cost record for Job 557:
Job Cost Record Job 557__________________________ Manufacturing Costs
Direct materials ................................................................................ ?
Direct labor ...................................................................................... ?
Manufacturing overhead .................................................................. ?
Total job cost ................................................................................ $ ?

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Estimated Total Manufacturing Overhead Costs Estimated Total Usage of Cost Activity Driver Machine setup Machining . Quality control 3,050 setups 5,000 machine hours $161,650 $1,100,000 4,500 tests run $360,000