I can't determine how to calculate the cost allocation rate for the activity. I also can't determine how to calculate the manufacturing overhead cost that is assigned to job 420 and 510?

Frances 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.) Frances Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,750 parts, require 15 setups, and consume 1,700 hours of finishing time. Job 420 used 300 parts, required 2 setups, and consumed 130 finishing hours. Job 510 used 475 parts, required 5 setups, and consumed 310 finishing hours. Read the requirements. Requirement 1. Compute the cost allocation rate for each activity. First identify the formula, then compute the rate for each activity. Activity cost allocation rate0 Data Table Total Budgeted Manufacturing Activity Overhead Cost Allocation Base Materialshandling . . . . $ 11,000 Number of parts Machine setup ....... 3,600 Number of setups Insertion of parts ...... 44,000 Number of parts 76,500 Finishing ............ Finishing direct labor hours Total ............... $ 135,100 uageted costs and activity bases. ) od Requirements X set 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420. 3. Compute the manufacturing overhead cost that should be assigned to Job 510. OS Print Done