Duke Metal Works produces two types of metal lamps. Duke manufactures 17,500 basic lamps and 6,160 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. Duke 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 Duke's activity-based costing system. 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.) / Budgeted setup hours Budgeted setup costs 151,200 = = Budgeted setup rate 400 per setup labor-hour $ 378 $ Now calculate the overhead rate for general manufacturing overhead. (Abbreviations used: MOH = Manufacturing Overhead. Round your answer to six decimal places, $X.XXXXXX.) Budgeted MOH costs / Budgeted manufacturing labor hours - Budgeted MOH rate 142,912 per manufacturing labor-hour Choose from any list or enter any number in the input fields and then click Check Answer. A Data Table - X Total Basic Lamps $ 14 0.4 hours $ 30 Designer Lamps $ 16 0.7 hours $ 30 Direct materials per lamp Direct manufacturing labor-hours per lamp Direct manufacturing labor rate per hour Setup costs Lamps produced per batch Setup-hours per batch General manufacturing overhead costs $ 151,200 250 40 1 hour 2 hours $ 142,912 Print Done