Forsythe, Inc. uses activity based costing to account for its chrome bumper manufaching process Company managers have identified four manufacturing activities: materials handing machine setup, insertion of parts, and finishing The budgeted activity costs for 2016 and their allocation bases (Click the icon to view the budgeted costs and activity bases) Forsythe expects to produce 500 cheme bumpers during the year The bumpers are expected to use 4.000 parts require 10 tips, and consume 1,000 hours of fishing time Requirements 1. Compute the predetermined overhead allocation rate for each activity 2. Compute the expected indirect manufacturing o Requirement 1. Ca Begin by selecting th Actual overhead costs Actual qty of the allocation base used Estimated overhead costs Estimated qty of the allocation base allocation rate. Then enter the amounts to compute the allocation rate for each activity (Round your answers to the recent Predmed Of