follows Bridgenorth nc uses ABC to acount for a chrome wheel manufacturing press Company managers have deed four manufacturing attracting data handing and rishing The budgeled activity costs for the upcoming year and their allocation bases are c (Click the lean to view the budgeted costs and activity bass) Bridgenorth inc expects to produce 1.000 chrome wheels during the year The wheels are expected to u Job 420 und 175 parts required 5 set-ups and consumed 200 finishing hours Job 510 used 575 parts required 6 set-ups, and consumed 330 finishing hours Beets Requirement 1. Compute the cost allocation rate for each activity Fint, identify the formule, and then compute the rate for each activity 2.700 parts, o 10 up and cons Thours of fishing Question Help Mat handing Machine setup bon Finishing Activity overhead re part Thour Question Help Bridgenorth Inc. uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that inour manufacturing overhead costs: materials handing, machine set-up, insertion of part and finishing. The budgeted activity costs for the upcoming year and their allocation bases are a (Click the loon to view the budgeted costs and activity bases.) Bridgenorth Inc. expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,700 parts, require 10 set-ups, and consume 1,800 hours of finishing time Job 420 used 175 parts, required 5 set-ups, and consumed 200 finishing hours Job 510 used 575 parts, required 6 set-ups, and consumed 330 finishing hous Requirements Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420 Activity Materials handing Machine sabup Insertion of parts Finishing Tola MOH Cost Requirement 3. Compute the manufacturing overhead cost that should be assigned to Job 510 Activity Material handing Machine MOH Cost rtion of parts Fishing T Choose from any list or enter any number in the input fields and then cornue to the next question shin Budgeted costs and activity bases assi dbe assi Activity Materials handling Machine set-up Insertion of parts Finishing Total Total Budgeted Manufacturing Overhead Cost Allocation Base $ 13,500 Number of parts 4,000 Number of set-ups 48,600 Number of parts 82,800 Finishing direct labour hours $ 148,900 Print Done Requirement 1. Compute the cost allocation rate for each activity. First, identify the formula, and then compute the rate for each activity. Mat. handling Machine setup Cost allocation base (est.) Total activity overhead (est.) Insertion Total assets Finishing Total hours Total liabilities Requirement 2. C Total owners' equity Activity Total plantwide overhead ost that should be assigned to Job 420. Materials handling Total revenues Machine setup Insertion of parts Acti overhea /p Tho