Data table Fadeley expects to produce 500 chrome bumpers during the year. The bumpers are expected to use 4,000 parts, require 5 setups, and consume 2,000 hours of finishing time. Fadeley, Inc. uses activity-based costing to account for its chrome bumper manufacturing process. Company managers have identified four manufacturing activities: materials handing, machine setup, insertion of parts, and finishing. The budgeted activily costs for the year and their allocasion bases are as follows: (Click the icon to view the budgeted costs and activity bases.) Read the requirements. Requirement 1. Compute the predetermined overhead aliocation rate for each activity. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each activity. (Round your answers to the nearest cent.) Requirement 2. Job 86 required the production of 120 bumpers and required one setup. Compute the indirect manufacturing cost allocated to Job 86. Begin by selecting the formula to allocale overhead (OH) costs Job 86 required the production of 120 bumpers and required one setup. Compute the indirect manufacturing cost allocated to Job 86 . (Round all amounts to the nearest cent.)