Kauler industries, a family-run small manufacturer, has adopted an ABC costing system. The following manufacturing activites, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: (Click the icon to vlew activities, total MOH costs, and cost drivers.) During May, Jim and Cirilla Kauler machined and assembled Job 112 . Jim worked a total of 12 hours on the job, while Cirilla worked 6 hours on the job. Jim is paid a $23 per hour wage rate, while Cirilla is paid $28 per hour because of her additional experience level. Direct materials requisitioned for Job 112 totalled $1,175. The following additional information was collected on Job 112: the job required 1 machine set-up, 7 machine hours, and 2 quality control tests. 1. Compute the activity cost allocation rates for the year. 2. Complete the job cost record for Job 112 . Requirement 1. Compute the activity cost allocation rates for the year, First, determine the formula to compute the allocation rate for the activity-based cost rate, and then calculate the rate for each activity. (Round your answers to the nearest whole dollar.) Kauler Industries, a family-run small manufacturer, has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing usage of cost drivers have been estimated for the year: [7: (Click the icon to view activities, total MOH costs, and cost drivers.) Activities, total MOH costs, and cost drivers