A - Data Table X HE - X Data Table Predetermined Overhead Standard Deluxe Activity Allocation Base Allocation Rate 7.0 9.0 Materials handling Number of parts 14.0 14.0 Parts per rim Setups per 500 rims Finishing hours per rim Total direct labor hours per rim Machine setup Number of setups 3.00 per part 500.00 per setup 28.00 per part 40.00 per hour 5.0 6.5 9.0 6.0 Insertion of parts Finishing Number of parts Number of finishing hours Print Print Done Done Print Done mpule me lorairesumated Indirect manuracioning COST TOI ZUTO. Total Estimated Activity Indirect Manufacturing Cost Materials handling Machine setup Insertion of parts Finishing Total estimated indirect manufacturing cost Requirement 2. Prior to 2018, Elkin used a single plantwide overhead allocation rate system with direct labor hours as the allocation base. Compute the predetermined overhead allocation rate based on direct labor hours for 2018. Use this rate to determine the estimated indirect manufacturing cost per wheel rim for each model, to the nearest cent. First, select the formula, and then enter the amounts to compute the allocation rate. = Allocation rate Use the single plantwide allocation rate to determine the indirect manufacturing cost per wheel rim for each model, to the nearest cent. Indirect manufacturing cost per rim: Standard model: Deluxe model: Activity OH Cost Per Rim OH Cost Per Rim Standard Deluxe Materials handling Machine setup Insertion of parts Finishing Total indirect cost per rim