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Needing help with very last question please!! E Question Several years after reengineering its production process, King Corporation hired a The number of parts is

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image text in transcribedNeeding help with very last question please!!
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E Question Several years after reengineering its production process, King Corporation hired a The number of parts is now a feasible allocation base because King re installed a plantwide computer system. King produces two wheel mode Standard and Deluxe. Budgeted data for the upcoming year are as foll new controller, Barb Joe (Click the loon to view additional information.) (Click the icon to view the additional data.) For the upcoming year, King's budgeted ABC manufacturing overhead allocation rates are as follows: Read the requirements EB (Click the icon to view the additional data.) King Corporation ABC Indirect Manufacturing Cost per Unit Cost Quantity of Cost Allocation Allocated Activity Activity Allocation Rate Base Used By: Cost Per Wheel Standard DeluxeStandard Deluxe Materials handling Machine setup Insertion of parts Finishing Total ABC allocated indirect cost 5.50 325.00 24.00 57.00 33.00 44.00 6.50 192.00 71.00 $ 240.50$ 413.50 0.0200.020 6.50 144.00 57.00 1.0 3.0 Requirement 3. Compute the company's traditional plantwide ovorhead rato. Use this rate to determine the manufacturing overhead cost por wheel under the traditional system. Begin by identifying the formula to compute the current plantwide manufacturing overthead rate, then compute the rate. (Round your answer to the nearest cent.) Total budgeted manufacturing overhead Total budgeted direct labor hours Plantwide overhead rate 654,000 6,000 $ 109.00 per DL hour Now use the plantwide overhead rate to determine the manufacturing overhead cost per wheel. (Round your answers to the nearest cent) Manufacturing overhead Standard Deluxe

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