Data table

$\backslash$table$[[$Activity$,$Allocation Base,$\backslash$table$[[$Predetermined Overhead$],[$Allocation Rate$]]],[$Materials handling,Number of parts,$$4\mathrm{.}00$ per part$],[$Machine setup,Number of setups,$400\mathrm{.}00$ per setup$],[$Insertion of parts,Number of parts,$26\mathrm{.}00$ per part$],[$Finishing$,$Number of finishing hours,$90\mathrm{.}00$ per hour$]]$

Data table

$\backslash$table$[[,$Standard,Deluxe$],[$Parts per rim,$4\mathrm{.}0,7\mathrm{.}0],[$Setups per $500$ rims,$18\mathrm{.}0,18\mathrm{.}0],[$Finishing hours per rim,$1\mathrm{.}0,5\mathrm{.}5],[$Total direct labor hours per rim,$5\mathrm{.}0,6\mathrm{.}0]]$

Requirement $2.$ Prior to $2024,$ Eason used a single plantwide overhead allocation rate system with direct labor hours as the allocation base. Compute the predetermined overhead allocation rate based on direct labor hours for $2024.$ Use this rate to determine the estimated indirect manufacturing cost per wheel rim for each model, to the nearest cent.

First, select the formula, and then enter the amounts to compute the allocation rate.

$\backslash$table$[[$Estimated overhead costs,,$],[$$$471,900,$Estimated aty of the allocation base,Allocation rate$],[5,500,=$$$5\mathrm{.}80,]]$

Use the single plantwide allocation rate to determine the indirect manufacturing cost per wheel rim for each model, to the nearest cent

Indirect manufacturing cost per rim:

Standard model:

Deluxe model: