Question Help x E4-22A (similar to) Northstar 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 data.) Northstar expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 3, 100 parts, require 25 setups, and consume 2,400 hours of finishing time (Click the icon for completed job data) Read the requirements - i Data Table ww + Total activity overhead (est.) ) 15,500 Total activity allocation base 3,100 allocation rate 5 per part S $ Mal, handling Mach setup Insertion 5 7,000 25 = $ 280 per setup 49,600 3,100 $ 16 per part $ $ $ Finishing 91,200 2400 = S 38 per hour Total Budgeted Manufacturing Activity Overhead Cost Allocation Base Materials handling ....S 15,500 Number of parts Machine setup.. 7,000 Number of setups Insertion of parts ... 49,600 Number of parts 91,200 Finishing direct labor hours Finishing ..... S 163,300 Total... Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420 Activity MOH Cost More Info Materials handling 1000 Machine setup Insertion of parts Job 420 used 260 parts, required 4 setups, and consumed 120 finishing hours Job 510 used 500 parts, required 5 setups, and consumed 320 finishing hours Finishing 1 Requirements Total Print Done 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 Enter any number in the edit fields and then click Chel Clear All Print Done 1 part remaining