Activity Cost Activity Allocation Base Allocation Rate Materials.handling. .... Number of parts $ 5.50 per part Machine setup. ....... Number of setups $ 325.00 per setup Insertion of parts. ..... Number of parts $ 27.00 per part Finishing ............. Finishing direct labor hours $ 52.00 per hour Standard Deluxe Parts per .wheel...... 8.0 Tallo J VI I . . . . . . . . . . . . . . . . . 10.0 20.0 Derups per 1,000 wheels............... 20.0 Finishing. direct.labor hours per wheel..... 1.5 2.5 Total .direct labor. hours. per. wheel ..... 2.7 - 3.8 The company's managers expect to produce 1,000 units of each model during the year. 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. 2. Compute the manufacturing overhead cost per wheel of each model using ABC. 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine th manufacturing overhead cost per wheel under the traditional system. Trudell Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Cost Allocation Base Allocation Rate Total Budgeted Indirect Cost Activity Materials handling Machine setups Insertion of parts Finishing