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i need to finished this question The company expects to produce 500 units of each model during the you, Read the requirements Elvin Company manufactures

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The company expects to produce 500 units of each model during the you, Read the requirements Elvin Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2018 Back the icon to view the tocation rates) Elkin produces two wheel rim models: standard and deluxe Expected data for 2018 are as foliows Click the loan to view the expected data) Now compute the total estimated indirect manufacturing cost for 2018 Total Estimated Indirect Manufacturing Cost 54.000 9,000 Activity Materials handling Machine setup Insertion of parts Finishing 225.000 Data Table Total estimated indirect man Requirement 2. Prior to 2014 se Compute the predetermined overhead allod Predetermined Overhead Juring cost per weel rim for each model to the nearesto Activity Allocation Base Allocation Rate Materials handling First, select the formula, and Number of parts 56.00 per part Machine setup Number of setups 300.00 per setup Estimated overhed Insertion of parts Number of parts 25,00 per part $ 700.000 Finishing Number of finishing hours 80.00 per hour Use the single plantwide allod Indirect manufacturing cost Standard model Print Done Deluxe model htcent Requirement 3. Compute the Compute the costs per unit for the standard model first, then the deluxe model (Carry the setup cost per rimto three decimal places. Round your final awwers to the nearest coat) Allocated Mfg Activity OH Cost Per Rim Standard Materials handling Machine setup Insertion of parts Finishing Total Indirect cont per rim mher in the edit fields and then click Check Answer $ 54,000 9,000 225,000 - X Data Table htic an Standard Deluxe 8.0 10.0 15.0 15.0 Parts per rim Setups per 500 rims Finishing hours per rim Total direct labor hours per rim 4.0 6.5 7.0 9.0 c Print Done ni ndard model first, then the deluxe model. (Carry the setup cost per rim to three decimal place Allocated Mfg. OH Cost Per Rim Standard 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 rim for each model, to the nearest cent First, select the formula, and then enter the amounts to compute the allocation rate Estimated overhead costs Estimated aty of the allocation base Allocation rate 708,000 8,000 88.50 Use the single plantwide allocation rate to determine the indirect manufacturing cost per wheel rim for each model, to the nearest cent. Indirect manufacturing cost per rim Standard model s 619.50 Deluxe model $ 796.50 Requirement 3. Compute the estimated ABC indirect manufacturing cost per unit of each model for 2018. Carry each cost to the nearest cent. Compute the costs per unit for the standard model first, then the deluxe model (Carry the setup cost per rim to three decimal places. Round your final answers to the nearest cent) Activity Allocated Mig OH Cost Per Rim Standard Materials handling Machine setup Insertion of parts Finishing Total indirect cost per rim tha artit fields and then click Check

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