Law Fin... sugg Homework: Chapter 4 Homework Save Score: 0 of 1 pt 7 of 7 (5 complete HW Score: 64.83%, 4.54 of 7 pts arley david E4-36B (similar to) Question Help Several years after reengineering its production process, Zippy Corporation hired The number of parts is now a feasible allocation base because Zippy recently a new controller, Ashley Adams installed a plantwide computer system. Zippy produces two wheel models: (Click the loon to view additional information) Standard and Deluxe Budgeted data for the upcoming year are as follows: For the upcoming year, Zippy's budgeted ABC manufacturing overhead allocation (Click the icon to view the additional data.) Read the requirements. Click the icon to view the additional data.) uggested Si Jette Indirect Cost Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.) Zippy Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Total Budgeted Activity Cost Allocation Base Allocation Rate Materials handing Machine setups Insertion of parts Finishing Total budgeted indirect cost Enter any number in the edit fields and then click Check Answer 3 Clear All Check Answer parts remaining net 0 Requirements X - tal 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. 2. Compute the manufacturing overhead cost per wheel of each model using ABC. 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Print Done cost al i Data Table dg al places.) Z Activity Cost ted Activity Allocation Base Allocation Rate get tai Materials handling Number of parts $ 3.50 per part Machine setup . . . . . . . Number of setups $ 450.00 per setup Insertion of parts Number of parts $ 30.00 per part Finishing Finishing direct labor hours $ 53.00 per hour --- Print Done (Click the icon to view the addition ABC manufacturing overhead allocation da i Data Table Jete Lippo Standard Deluxe dIn ted Allod Parts per wheel 6.0 8.0 Setups per 1,000 wheels 10.0 10.0 Finishing direct labor hours per wheel ..... 1.0 3.0 Total direct labor hours per wheel ...... 2.7 3.3 The company's managers expect to produce 1,000 units of each model during the year. Print Done