Fadeiey, inc. uses activity-based costing to account for its chrome bumper manufacturing process. Company managors have identified four manufacturing aclivities: materials handing. machine setup, insertion of parts, and finishing. The budgeted activity costs for the year and their allocation bases are as follows: (Click the ioon to view the budgeted costs and activity bases.) Fead the reguirements Requirement 1. Compote the predetermined overhead allocation rate for each activity. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rato. Then enter the amounts to compute the allocation tato for aach activily (Round your answers to the nearest cent.) Data table Requirements 1. Compute the predetermined overhead allocation rate for each activity. 2. Job 86 required the production of 140 bumpers and required one setup. Compute the indirect manufacturing cost allocated to Job 86