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.) During May. John and Allison Kirby machined and assembled Job 405. John worked a total of 12 hours on the job, while Allison worked 4 hours on the job. John is paid a $25 per hour wage rate, while Allison is paid $30 per hour because of her additional experience level. Direct materials requisitioned for Job 405 totaled $1,350. The following additional information was collected on Job 405. The job required 2 machine setups, 6 machine hours, and 2 quality control tests. 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 = Activity cost allocation rate i Data Table Activity Machine setup. Machining Quality control Estimated Total Manufacturing Overhead Costs 164,300 808,000 374,000 Estimated Total Usage of Cost Driver 3,100 setups 5,050 machine hours 4,400 tests rud Print Done During May, John and Allison Kirby machined and assembled Job the job. John is paid a $25 per hour wage rate, while Allison is paid requisitioned for Job 405 totaled $1,350. The following additional in machine hours, and 2 quality control tests. 1. 2. Compute the activity cost allocation rates for the year. Complete the job cost record for Job 405. 1. Compute the activity cost allocation rates for the year. (Round you First determine the formula to compute the allocation rate for the acti Choose from any drop-down list and then click Check