Frederick 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 budgeted costs and activity bases.) Frederick Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,700 parts, require 10 setups, and consumo 1,800 hours of finishing time. Job 420 used 300 parts, required 2 setups, and consumed 120 finishing hours Job 510 used 425 parts, required 6 setups, and consumed 340 finishing hours. Read the requirements is Requirement 1. Compute the cost allocation rate for each activity. First identify the formula, then compute the rate for each activity el Activity cost allocation rate per part per setup 1 per part per hour S Y / en Mat. handing ! an Mach setup an Insertion setu Finishing -mo Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420. g Activity MOH Cost iden Materials handing ne s ar an Choose from any list or enter any number in the input fields and then continue to the next question hrom osts and activity ) eti Data Table d ed Total Budgeted Manufacturing Overhead Cost ocati Allocation Base $ 13,500 Number of parts Number of setups Activity Materials handling Machine setup Insertion of parts ... Finishing... 4,000 . - - - Number of parts 48,600 82,800 Finishing direct labor hours $ 148,900 Total anufacturi Print Done MOH Cog Frederick Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing ac overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their a (Click the icon to view the budgeted costs and activity bases.) Frederick Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,700 parts, require 10 setups, and finishing time. Job 420 used 300 parts, required 2 setups, and consumed 120 finishing hours. Job 510 used 425 parts, required 6 setups, and consumed 340 finishing hours. Read the requirements Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420. Activity MOH Cost Materials handling Machine setup Insertion of parts Finishing Total Requirement 3. Compute the manufacturing overhead cost that should be assigned to Job 510. Activity Materials handling MOH Cost Choose from any list or enter any number in the input fields and then continue to the next question. Requirement 3. Compute the manufacturing overhead cost that should be assigned to Job 510. Activity MOH Cost Materials handling Machine setup Insertion of parts Finishing Total Choose from any list or enter any number in the input fields and then continue to the next