Homework: Chapter 4 Homework Save 2 of 2 (0 complete) HW Score: 0%, 0 of 10 pts Score: 0 of 6 pts E4-25A (similar to) Question Help O Several years after reengineering its production process, Trudell Corporation hired a new controller, The number of parts is now a feasible allocation base because Trudell recently installed a plantwide computer Denise French system. Trudell produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as (Click the icon to view additional information.) follows: 3(Click the icon to view the additional data.) For the upcoming year, Trudell's budgeted ABC manufacturing overhead allocation rates are as follows: E: (Click the icon to view the additional data.) Read the requirements. Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.) Trudell Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Total Budgeted Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost Enter any number in the edit fields and then click Check Answer. 3 parts Clear All Check Answer remaining E Click the icon to view the additional data . X A More Info She developed an ABC system very similar to the one used by Trudell's chief rival. Part of the reason French developed the ABC svstem was because Trudell's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, the company had used a plantwide overhead rate based on direct labor hours that was developed years ago. Print Done i Data Table Activity Cost Activity Allocation Base Allocation Rate Materials handling. ... Number of parts $ 4.50 per part Machine setup ........ Number of setups $325.00 per setup Insertion of parts Number of parts $ 31.00 per part Finishing Finishing direct labor hours $ 51.00 per hour Print Done Sauen we compuer System i Data Table 4.0 6.0 Standard Deluxe Parts per wheel........... Setups per 1,000 wheels...... 20.0 20.0 Finishing direct.labor hours per wheel....... 1.0 3.0 Total direct labor. hours per wheel... The company's managers expect to produce 1,000 units of each model during the year. Print Print Done Read the reduirements Requirements 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. 2. Compute the manufacturing overhead cost per wheel of each model using ABC. 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Print Done