Only need req 2

Fandrey, Inc. uses activity-based costing to account for its chroma bumper manufacturing process Company managers have identified four manufacturing activities: materials handing, machine setup, Insertion of parts and finishing. The budgeted activity costs for the year and their allocation bases are as follows: (Click the icon to view the budgeted costs and activity b88ee. Raad the regurements - X 15.00 Requirement 1. Compute the predetermined overhead allocation rate for each activity . Begin by selecting the formula to calculate the precetermined overhead (OH) a location rate. Then enter the amounts to compute the location rate for each activity. (Round your answers to the nearest cent.) Predetermined OH Estimated overhead 018 Estimated aty of the allocation base allocation rate Data table Material handling $ $ 8.000 4,000 ES 1.50 Machine setup $ 2.900 5 = $ 780.00 Insertion of parts $ Total Budgeted 50.000 - $ 4,000 Activity Cost Allocation Base Finishing $ 75.000 3,000 - $ 25.00 Materials handling $ 6,000 Nurnber of parts Requirement 2. Job 8required the production of 100 bumpers and required one seluo. Compute the indirect manufacturing cost allocated to Job 86. Machine setup 3,900 Nurnber of setups Insertion of parts 60,000 Nurnber of parts Begin by selecting the formula to allocate overhead (OH) costs. Predetermined OH alocation ratu 75,000 Finishing direct labor hours Finishing * Expectedly of the allocation base used = Allocated mig, overhead coats x Total $ 144,900 Job 6 required the production of 100 bumpers and required one setup Compite the indirect manuachaning cost alocated to Joh. (Round all amounts to the nearest cant) Fandrey expects to produce 500 crore bumpers during the year. The buipers are expected to use 4,000 parts, require 5 setups, and consume 1,000 hours of finishing Job 88: Allocate Miy, OH Cost Hima. Material Handling Machine setup Insertion of parts Print Finishing Total mig. OH costs Done