Calculate the MOH cost for each activity then the total.

More info Job 420 used 300 parts, required 4 setups, and consumed 150 finishing hours. Job 510 used 450 parts, required 6 setups, and consumed 340 finishing hours. Frances 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 bases are as follows: (Click the icon to view the data.) wheels are expected to use 3,000 parts, require 10 setups, and consume 1,500 hours of finishing time. (Click the icon for completed job data.) Requirement 1. Compute the cost allocation rate for each activity. First identify the formula, then compute the rate for each activity. Mat.handlingMachsetupInsertion$$$Totalactivityoverhead(est.)9,0003,50045,00078,000 Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420. \begin{tabular}{l} \hline \multicolumn{1}{c}{ Activity } \\ \hline Materials handling \\ Machine setup \\ Insertion of parts \\ Finishing \\ Total \end{tabular} Data table