please help me out with the requirments. thank you
E4-20A (similar to) Question Help Farragut Company uses ABC to account for its chrome wheel manufacturing process Company managers have identified four manufacturing activities that incur manufacturing overhead costs materials handling, machine setup, insertion of parts and finishing The budgeted activity costs for the upcoming year and their allocation bases are as follows Click the icon to view the budgeted costs and activity bases) Farragut Company expects to produce 1.000 chrome wheels during the year. The wheels are expected to use 3,000 parts require 20 setups, and consume 2,000 hours of finishing time Job 420 used 150 parts, required 5 setups, and consumed 110 finishing hours Job 510 used 400 parts required 6 setups and consumed 300 finishing hours Read the requirements Requirement 1. Compute the cost allocation rate for each activity. First identify the formula then compute the rate for each activity Activity cost allocation rate Total activity allocation base Total activity overhead (est) Total assets Total hours Total liabilities Total owners' equity Total plantwide overhead Total revenues Choose from any drop-down list and then click Check Answer 6 parts Clear All Check Answer remaining quirement 1. Compute the cost allocation rate for each activity Fest Identify the formula, then compte for each activity Data Table X i Requirements - 1. Compute the cost allocation rate for each activity 2. Compute the manufacturing overhead cost that should be assigned to Job 420 3. Compute the manufacturing overhead cost that should be assigned to Job 510 Activity Materials handling Machine setup Insertion of parts Finishing Total Total Budgeted Manufacturing Overhead Cost $ 6,000 3200 42.000 74.000 Allocation Base Number of parts Number of setups Number of parts Finishing direct labor hours Print Done S 125 200 ose from any drop-down list and then click Check Answer Print Done parts remaining Type here to search O BI e a E oo 9 ho