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P Take a Test-fatima iqbal P Take a Test -fatima iqba https://www.mathxl.com/Student/PlayerTest.aspx?testld-127267700¢erwin-yes fatima iqbal 3/24/16 7:46 PM Test: Comprehensive SLO #1 Chapters 1-6 Overview This Question: of 3 complete 10 pts This Test: 30 pts Time Remaining: 01:46:42 0 of 3 complete Several years after reengineering its production process, Trudell Corporation hired a new controller, Denise French. She developed an ABC system very similar to the one used by Trudell's chief rival, Hotbeach. Part of the reason French developed the ABC system was because Truders 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, Trudell had used a plantwide overhead rate based on direct labor hours that was developed years ago. For the upcoming year, Trudel's budgeted ABC manufacturing overhead allocation rates are as ( Click the icon to view the additional data.) 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 For the upcoming year, Trudells budgeted ABC manufacturing overhead allocation rates are as follows: Calculator mber of data for the upcoming year are as follows: Data Table Data Table E) Standard Deluxe Activity Cost Allocation Rate $ 3.00 per part $300.00 per setup $32.00 per part Activity Allocation Base 60 6.0 80 8.0 10.0 10.0 Materials handling.Number of parts Machine setup . . . . . Number of setups Insertion of parts. Number of parts Finishing. .. . . . . . per setupinishing direct labor hours per wheel. Finishing direct labor hours per wheel. .. Total direct labor hours per wheel. . . . . . . 15 3.5 2.6 3.4 The company's managers expect to produce 1,000 units of each model during the year. Finishing direct labor hours $ 58.00 per hour Print Done Print Done Requirements Insertion of parts Finishing Total budgeted indirect cost 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 Trudell's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system Choose from any list or enter any number in the input fields, then continue to the next question Choose from any Print Done 7:46 Guest