Farragut Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation bases are as follows: (Click the icon to view the data.) Farragut Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 3,000 parts, require 10 setups, and consume 1,500 hours of finishing time. (Click the icon for completed job data.) Read the requirements. Mach setup $ 3,500 Insertion $ 45,000 78,000 10 = $ 350 per setup 3,000 $ 15 per part 1,500 $ 52 per hour Finishing Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420. Activity MOH Cost Materials handling $ 900 Machine setup Insertion of parts Finishing Total 4,500 id Data table Total Budgeted Manufacturing Activity Overhead Cost Materials handling. $ Allocation Base 9,000 Number of parts tio SO Machine setup Insertion of parts.. hin Finishing. ire 3,500 Number of setups 45,000 Number of parts 78,000 Finishing direct labor hours $ 135,500 Total..... eria hin ertio shin al Print Done - More info - X Job 420 used 300 parts, required 3 setups, and consumed 120 finishing hours. Job 510 used 500 parts, required 5 setups, and consumed 330 finishing hours. Print Done 13