PART 1-4

system. Betore adopung the new ABC system, the company nad used a plantwide overhead rate based on direct labor hours that was developed years ago. For the upcoming year, Trudell's budgeted ABC manufacturing overhead allocation rates are as follows: Several years after reengineering its production process, Trudell Corporation hired a new controller, Alice Brown. View additional information. The number of parts is now a feasible allocation base because Trudell recently installed a plantwide computer system. Trudell produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming yoar are as follows: View additional data. Read the requirements. Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.) Additional information She developed an ABC system very similar to the one used by Trudell's chief rival. Part of the reason Brown developed the ABC system was because Trudell's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, the company had used a plantwide overhead rate based on direct labor hours that was developed years ago. For the upcoming year, Trudell's budgeted ABC manufacturing overhead allocation rates are as follows: Additional data Requirements 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