\begin{tabular}{|c|c|c|c|c|c|} \hline & & Basic Lamps & Designer Lamps & & Total \\ \hline Direct materials per lamp & $ & 7 & 16 & & \\ \hline Direct manufacturing labor-hours per lamp & & 0.5 hours & 0.6 hours & & \\ \hline Direct manufacturing labor rate per hour & $ & 20 & 20 & & \\ \hline Setup costs & & & & $ & 165,600 \\ \hline Lamps produced per batch & & 300 & 40 & & \\ \hline Setup-hours per batch & & 1 hour & 2 hours & & \\ \hline General manufacturing overhead costs & & & & $ & 162,840 \\ \hline \end{tabular} Total costs Begin by calculating the overhead rates for each of the two indirect-cost pools; set up costs and general manufacturing overhead. First select the formula, then enter the applicable amounts and calculate the rate. Begin with the overhead rate for set up costs. (Abbreviations used: MOH= Manufacturing Overhead.) jeted setup rate jer setup labor-hour Now calculate the overhead rate for general manufacturing overhead. (Abbreviations used: MOH= Manufacturing Overhead. Round your answer to six decimal places, \$X.XXXXXX.) Now calculate the budgeted direct costs of basic and designer lamps if Yale allocates overhead costs in each department using activity-based costing. Then complete the indirect allocation of costs for the basic and designer lamps. (Use the general manufacturing overhead rate rounded to six decimal places, $X.XXXXXX in any calculations. Round the total amounts to the nearest whole dollar and round all per unit amounts to two decimal places.) Yale Metal Works produces two types of metal lamps. Yale manufactures 30,000 basic lamps and 7,200 designer lamps. Its activity-based costing system uses two indirect-cost pools. One cost pool is for set up costs and the other for general manufacturing overhead. Yale allocates set up costs to the two lamps based on setup labor-hours and general manufacturing overhead costs on the basis of direct manufacturing labor-hours. It provides the following budgeted cost information: (Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer lamps using Yale's activity-based costing system