Data table 1. Compute the activity cost a Finst determine the formula to More info 1. Compute the activity First determine the form During May, Jim and Alison Salari machined and assembled Job 540. Jim worked a total of 10 hours on the job, while Allison worked 6 hours on the job. Jim is paid a $25 per hour wage rate, whice Allison is paid $30 per hour because of her addational expenience level. Direct materials requisitioned for Job 540 totaled 51,100. The following additional information was collected on Job 540 . The job required 3 machine setups, 4 machine hours, and 2 quality control testa. for the year, (Click the icon to vew activites, tatal costs, and cost drimen.) (cick the icon for additional information.) Read the ceoucements. for the year: (Cick the koon to vew activeses, total costs, and cost drivens.) (Cilick the icon for adanional information.) Read the masirementsi 1. Compule the activity cost allocation rates for the yeac. (Round your answers to the nearest whole dollar) First determine the formula to compute the allocation rate for the activiy-based cost rate, then calculate the rate for each activit