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Eaton Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2018 The company expects to produce 500 units of each model

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Eaton Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2018 The company expects to produce 500 units of each model during the year Read the requirements. ?(Click the icon to view the allocation rates.) Eaton produces two wheel rim models: standard and deluxe. Expected data for 2018 are as follows (Click the icon to view the expected data.) Requirement 1. Compute the total estimated indirect manufacturing cost for 2018. Begin by selecting the formula to compute the total estimated overhead (OH) costs. Total estimated overhead costs Data Table Predetermined Overhead Activity Allocation Base Allocation Rate $ 7.00 per part Materials handling Machine setup Insertion of parts Finishing Number of parts Number of setups Number of parts Number of finishing hours 600.00 per setup 27.00 per part 70.00 per hour Print Done

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