1 Activity-Based Costing, Lean Operations, and the Costs of Quality 2 Compute activity rates and apply to jobs 3 Fuller Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation 4 bases are as follows: Fuller Company expects to produce 1,000 chrome wheels during the year. The wheels are 13 expected to use: \begin{tabular}{c|c|c|} \hline Parts & Setups & FinishingHours \\ \hline \end{tabular} INSTRUCTIONS ENTERANSWERS Fuller Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use: Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. If you copy/paste from the Instructions tab or if you type the numbers in, you will be marked wrong. 24 Requirements 1 Compute the cost allocation rate for each activity. 2 Compute the manufacturing overhead cost that should be assigned to Job 420 . 3 Compute the manufacturing overhead cost that should be assigned to Job 510 . For help completing the requirements, watch the video walk through. Saving \& Submitting Solution 1 Save file to desktop. a. Create folder on desktop, and label COMPLETED EXCEL PROJECTS 2 Upload and submit your file to be graded. a. Navigate back to the activity window - screen where you downloaded the initial spreadsheet b. Click Choose button under step 3; locate the file you just saved and click Open c. Click Upload button under step 3 d. Click Submit button under step 4 Viewing Results 1 Click on Results tab in MyAccountinglab 2 Click on the Assignment you were working on 3 Click on Project link; this will bring up your Score Summary 4 Within Score Summary window, click on Download (upper right) to download the spreadsheet with feedback INSTRUCTIONS ENTERANSWERS