Question Help Fredenck Company usos ABC to account for its chrome wheel manufacturing rous Com m unaners 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 the allocation bases are as follows: (Click the icon to view the budgeted costs and activity bases) Frederick Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,750 parts, require 15 setups, and consume 1,700 hours of finishing time Job 420 used 250 parts, required 2 setups, and consumed 100 finishing hours Job 510 used 450 parts, required 4 setups, and consumed 320 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 Mat handling per part Mach setup peetup Insertion Finishing Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420 Activity MOH Cost Choose from any list or enter any number in the input fields and then continue to the next question. tacturing actieties that incur manufacturing overhead costs materials handing. as follows Frederick Company uses ABC to account for its chrome wheel t una rocas Camc h anted four machine setup.insertion of parts, and finishing The budgeted activity costs for the upcoming year and the allocation bases w (Click the icon to view the budgeted costs and actity bases) Frederick Company expects to produce 1,000 chrome wheels during the year. The wheels we expected to use 2,750 parts, require 15 setups, and consume 1.700 hours of finishing time. Job 420 used 250 parts, required 2 setups, and consumed 100 finishing hours Job 510 used 450 parts required 4 setups, and consumed 320 finishing hours Read the requirements or cy. T Activity cost abonate per part per setup Nat handling Mach setup Insertion per part per hour Finishing Requirements Activity 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 - X 0 Data Table Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420 MOH Cost Materials handling Machine setup Insertion of parts Finishing Total Requirement 3. Compute the manufacturing overhead cost that should be assigned to Job 510. Activity WOH Cost Materials handing Machine setup Insertion of parts Finishing Activity Materials handling Machine setup Insertion of parts Finishing ... Total . . Total Budgeted Manufacturing Overhead Cost $ 11,000 3,600 44,000 Allocation Base Number of parts Number of setups Number of parts Finishing direct labor hours Total $ 135,100 Choose from any list or enter any number in the input fields and then continue to the nest
