Fortunado, Inc. uses activity-based costing to account for its chrome bumper manufacturing process. Company managers have identified fo finishing. The budgeted activity costs for the year and their allocation bases are as follows: (Click the icon to view the budgeted costs and activity bases.) Read the requirements. Requirement 1. Compute the predetermined overhead allocation rate for each activity. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the alloca Requirement 2. Job 86 required the production of 160 bumpers and required one setup. Compute the indirect manufacturing cost allocate Begin by selecting the formula to allocate overhead (OH) costs. Data table Fortunado expects to produce 500 chrome bumpers during the year. The bumpers are expected to use 4,000 parts, require 10 setups, and consume 2,500 hours of finishing time. Requirement 1. Compute the predetermined overhead allocation rate for each activity. 2. Job 86 required the production of 160 bumpers and required one setup. Compute the indirect manufacturing cost allocated to Job 86 . Fortunado, Inc. uses activity-based costing to account for its chrome bumper manufacturing process. Company managers have identified four n finishing. The budgeted activity costs for the year and their allocation bases are as follows: (Click the icon to view the budgeted costs and activity bases.) Read the requirements. Requirement 2 . Job 86 required the production of 160 bumpers and required one setup. Compute the indirect manufacturing cost allocated to Begin by selecting the formula to allocate overhead (OH) costs