Jata lable Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allocation base to three decimals and cost pe Biltmore Corporation ABC Indirect Manufacturing Cost per Unit Cost Quantity of Cost Allocation Allocation Rate Base Used By: Standard 6.0 Deluxe 8.0 Parts per.wheel....... .. . Tallo VI I . . . . . . . . . . . . . . . . . . Allocated Activity Cost Per Wheel Activity Setups per 1,000 wheels......... 20.0 20.0 Standard Deluxe Standard Deluxe Materials handling 3.4 Finishing, direct. labor hours per wheel..... 1.0 3.0 Total .direct labor. hours. per. wheel ........ 2.6 The company's managers expect to produce 1,000 units of each model during the year. Machine setup Insertion of parts Finishing Print Done Total ABC allocated indirect cost Requirement 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Begin by identifying the formula to compute the current plantwide manufacturing overhead rate, then compute the rate. (Round your answer to the nearest cent.) Plantwide overhead rate per DL hour Now use the plantwide overhead rate to determine the manufacturing overhead cost per wheel. (Round your answers to the nearest cent.) Jata lable Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allocation base to three decimals and cost pe Biltmore Corporation ABC Indirect Manufacturing Cost per Unit Cost Quantity of Cost Allocation Allocation Rate Base Used By: Standard 6.0 Deluxe 8.0 Parts per.wheel....... .. . Tallo VI I . . . . . . . . . . . . . . . . . . Allocated Activity Cost Per Wheel Activity Setups per 1,000 wheels......... 20.0 20.0 Standard Deluxe Standard Deluxe Materials handling 3.4 Finishing, direct. labor hours per wheel..... 1.0 3.0 Total .direct labor. hours. per. wheel ........ 2.6 The company's managers expect to produce 1,000 units of each model during the year. Machine setup Insertion of parts Finishing Print Done Total ABC allocated indirect cost Requirement 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Begin by identifying the formula to compute the current plantwide manufacturing overhead rate, then compute the rate. (Round your answer to the nearest cent.) Plantwide overhead rate per DL hour Now use the plantwide overhead rate to determine the manufacturing overhead cost per wheel. (Round your answers to the nearest cent.)
