E4-36B (similar to) Question Help Several years after reengineering its production process, Biltmore Corporation hired a new controller, Denise French. (Click the icon to view additional information.) The number of parts is now a feasible allocation base because Biltmore recently installed a plantwide computer system. Biltmore produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows: E(Click the icon to view the additional data.) For the upcoming year, Biltmore's budgeted ABC manufacturing overhead allocation rates are as follows: (Click the icon to view the additional data.) Read the requirements X Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.) Data Table Biltmore Corporation Total Budgeted Indirect Manufacturing Costs Standard Deluxe Total Budgeted Activity Cost Budgeted Quantity of Parts per wheel 6.0 8.0 Activity Allocation Rate Cost Allocation Base Indirect Cost Setups per 1,000 wheels 10.0 10.0 Materials handling Finishing direct labor hours per wheel 2.0 3.0 Machine setups Total direct labor hours per wheel 2.9 3.8 Insertion of parts The company's managers expect to produce 1,000 units of each model during the year. Finishing Total budgeted indirect cost Print Done X Data Table Activity Cost Allocation Rate Activity Allocation Base Number of parts 3.50 per part Materials handling $ 475.00 per setup Number of setups Machine setup Insertion of parts Number of parts 25.00 per part Finishing Finishing direct labor hours $ 59.00 per hour Print Done Enter any number in the edit fields and then click Check Answer parts remaining Clear All Check