Easton Company manufactures wheel nims. The controller expects the folowing ABC allocation rates for 2018 The company expects to produce 500 units of (Click the icon to view the allocation rates.) Read the requirements Easton produces two wheel rim models: standard and deluxe. Expected data for 2018 are as follows: Standard Deluxe (Click the icon to view the expected data.) Parts per rim Setups per 500 rims inishing hours per rim Total direct labor hours per rim 5.0 17.0 10.0 17.0 4.5 5.0 Predetermined overhead allocation rate xTotal estimated gty of the allocation base overhead costs Now compute the total estimated indirect manufacturing cost for 2018. 3.0 Total Estimated Indirect Manufacturing Cost Print Done 60,000 23,800 180,000 Materials handling Machine setup Insertion of parts Finishing Total estimated indirect manufacturing cost458 800 Requirement 2. Prior to 2018, Easton used a single plantwide ovemead allocation rate system with direct labor hours as the allocation base. Compute the Data Table 195 Predetermined Overhead Activity Allocation Base Allocation Rate Materials handlingNumber of parts Machine setup Insertion of parts S 8.00 per pant detenmine the estimated indirect manufacturing cost per wheel rim for each model, to the nearest cent Number of setups Number of parts Number of finishing hours 700.00 per setup 24.00 per part 60.00 per hour First, select the formula, and then enter the amounts to compute the allocation rate. Allocation rate Print Done Choose from any list or enter any number in the input fields and then click Check