ACG2071768375H3) Claribel Laureano I | 11/21/21 4:27 PM E Homework: M 7 Homework B _ Graded ( Question 3. EMT-16 (sim... ) HW Score: 73.77%. 22.13 of 30 points Fan 7 m 9 Points: 3 05 (if 4 Famngton, Inc. uses ac'tiVItyebased costing to account for its chrome bumper manufacturing process. Company managers have Identied four manufacturing actiwties materials handling, machine setup, insertion of parts, and nishing. The budgeted ac'tiinty costs for the year and their allocation bases are as follows. a (Click the icon to view the budgeted costs and actiwty bases.) Read the Equiremehts Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate Then enterthe amounts to compute the allocation rate for each actJVIty. (Round your answers to the nearest cent.) Predetem'iined DH Estimated nverhmid costs e Estimated qty of the allnmtion base : allomtIon rate Materials handling $ 4,000 7 4.000 : $ 1.00 Machine setup $ 2,200 , 10 : $ 220.00 lnsemgn of parts $ 45.000 , 4,000 : $ 11 25 Data tabIe Finishing $ 87.000 , 2,000 = as 43 50 Requirement 2. Job 86 required the production of 200 bumpers and required one setup. Compute the indirect manufacturing cost allocated to Job 56. Total Budgeted Activity Cost Allocation Base Begin by selecting the tormula to allomte overhead (0H) costs Materials handling is 4.000 Number of pans Predetermined DH allocation rate x Expected qty oi the allocation base used : Allocated mfg overhead 5055 Machine setup 2200 Number of Setups Job 86 required the production of 200 bumpers and required one setup Compute the indirect manufacturing cost allocated to Job 56. (Round all amounts to Insertion 0' parts 451100 Number 01 parts Job 86: Allocated Mfg OH Cost Finishing Finishing direct labor hours Materials handling 4000 Total w Machine setup 2200 Farrington expects to produce 500 chrome bumpers during the year The bumpersrare expected to use 4000 parts, require 10 setups, and consume 2000 hours of nishing insertion of parts 45000 \"me Finishing 37000 Total mfg OH costs 138200 Done Help me solve this Etext pages Get more help