Need help on part 2, please!

Fortunado, Inc. uses activity-based costing to account for its chrome bumper manufacturing process. Company managers have identified four manufacturing activities: materials handling machine setup, insertion of parts, and finishing. The budgeted activity costs for 2018 and their allocation bases are as follows Click the icon to view the budgeted costs and activity bases.) Read the requirements Requirement 1. Compute the predetermined overhead allocation rate for each activity Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each activity. (Round your answers to the nearest cent.) Predetermined OH allocation rate 1.50 Estimated overhead costs 3,000 2,600 60,000 90,000 / Estimated qty of the allocation base Materials handling$ Machine setup Insertion of parts Finishing Requirement 2. Compute the expected indirect manufacturing cost of each bumper. Begin by selecting the formula to allocate overhead (OH) costs 2,000 =$ 520 00 30.00 36.00 2,000 2,500 Predetermined OH allocation rate X Expected qty of the allocation base usedAlocated mfg. overhead costs Now compute the expected indirect manufacturing cost of each bumper. (Round the cost per bumper to the nearest cent.) Allocated Mfg. OH Cost Activity Materials handling Machine setup Insertion of parts Finishing Total Allocation Base Number of parts Number of setups Number of parts Finishing direct labor hours Total Budgeted Cost Materials handling Machine setup Insertion of parts Finishing Total mfg. OH costs Number of bumpers Mfg. OH cost per bumper S 3,000 2,600 60,000 90,000 155,600 Fortunado expects to produce 500 chrome bumpers during the year. The bumpers are 500 expected to use 2,000 parts, require 5 setups, and consume 2,500 hours of finishing time