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i need helpe to finished this question The company expects to produce 500 units of each model during the year. Read the requirements Elkin Company

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The company expects to produce 500 units of each model during the year. Read the requirements Elkin Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2018 Click the icon to view the allocation rates) EIRIH produces two wheel rim models: standard and deluxe, Expected data for 2018 are as follows: Click the icon to view the expected data) Requirement 1. Compute the total estimated indirect manufacturing cost for 2018 Begin by selecting the formula to compute the total estimated overhead (OH) costs. Total stimated Overhead costs Predetermined overhead allocation rate Total estimated qty of the allocation base Now compute the total estimated indirect manufacturing cost for 2018 Total Estimated Activity Indirect Manufacturing Cost Materials handling 54,000 Machine setup 9.000 Insertion of parts 225.000 420.000 Finishing 708,000 Total estimated indirect manufacturing cost Requirement 2. Prior to 2018, Elkin used a single plantwide overhead allocation rate system with direct labor hours as the allocation base Compute the predetermined overhead allocation rate based on direct labor hours for 2018. Use this rate to determine the estimated indirect manufacturing cost per wheel tim for each model to the nearest cent First, select the formula, and then enter the amounts to compute the allocation rate Allocation rate equirement 1. Compute the total estimated indirect manufacturing cost for 2018 egin by selecting the formula to compute the total estimated overhead (OH) costs. Total estimated overhead costs Predetermined overhead allocation rate Total estimated qty of the allocation base w compute the total estimated indirect manufacturing cost for 2018. - X Data Table tivity aterials handling Echine setup sertion of parts ishing Activity Materials handling Machine setup Insertion of parts Finishing Allocation Base Number of parts Number of setups Number of parts Number of finishing hours Predetermined Overhead Allocation Rate 56.00 per part 300.00 per setup 25.00 per part 80,00 per hour tal estimated indirect many quirement 2. Prior to 2014 determined overhead allod oh model, to the nearesto se. Compute the uring cost per wheel rim Bt, select the formula, and Print Done ***** Requirement 1. Compute the total estimated indirect manufacturing cost for 2018. Begin by selecting the formula to compute the total estimated overhead (OH) costs. Total estimated overhead costs Predetermined overhead allocation rate Total estimated qty of the allocation base Now compute the total estimated indirect manufacturing cost for 2018. Total Estimated Indirect Manufacturing Cost Activity Materials handling Data Table Machine setup Insertion of parts Finishing Standard Deluxe 8.0 10.0 Total estimated indirect manufacturin 15.0 15.0 ution be anufac Parts per rim Setups per 500 rims Finishing hours per rim Total direct labor hours per rim 4.0 Requirement 2. Prior to 2018, Elkin predetermined overhead allocation re each model, to the nearest cent. 6.5 7.0 9.0 First, select the formula, and then en Print Done

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