Kirby Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: (Click the icon to view activities, total costs, and cost drivers.) (Click the icon for additional information.) Read the requirements. 1. Compute the activity cost allocation rates for the year. (Round your answers to the nearest whole dollar.) First determine the formula to compute the allocation rate for the activity-based cost rate, then calculate the rate for each activity. Total manufacturing overhead : Est. total use of cost driver = Activity cost allocation rate Machine setups $ 139,200 . 2,900 $ 48 per setup $ 816,000 . 4,800 $ 170 per machine hour Machining Quality control $ 292,500 . 4,500 $ 65 per QC test 2. Complete the following job cost record for Job 575. Job Cost Record Manufacturing Costs JOB 575 Direct material 1250 Direct labor. Manufacturing overhead Total job cost. - More Info During May, Joe and Camilla Kirby machined and assembled Job 575. Joe worked a total of 12 hours on the job, while Camilla worked 5 hours on the job. Joe is paid a $25 per hour wage rate, while Camilla is paid $28 per hour because of her additional experience level. Direct materials requisitioned for Job 575 totaled $1,250. The following additional information was collected on Job 575: The job required 1 machine setup, 7 machine hours, and 3 quality control tests. Data Table Activity Machine setup. Machining .... Quality control Estimated Total Manufacturing Estimated Total Usage Overhead Costs of Cost Driver 139,200 2,900 setups $ 816,000 4,800 machine hours S 292,500 4,500 tests run Print Done