Requirement $1.$ Compute the predetermined overhead allocation rate for each activity.

Begin by selecting the formula to calculate the predetermined overhead$($OH$)$ allocation rate. Then enter the amounts to compute the allocation rate for each activity. $($Abbreviation used; qty$=$ quantity. Round your answers to the nearest$$ cent.$)$

Part $2$

Predetermined OH

Estimated overhead costs

$-$:

Estimated qty of the allocation base

$=$

allocation rate

Materials handling

$-$:

$=$

Help me solve this

Calculator

Ask my instructor

pop$-$up content starts

Budgeted Costs and Activity Bases

Cost Pool

Total Budgeted Cost

Allocation Base

Materials handling

$$20,000$

Number of parts

Machine setup

$4,800$

Number of setups

Insertion of parts

$52,000$

Number of parts

Finishing

$78,000$

Finishing direct labor hours

Total

$$154,800$

Frederick$,$ Inc. expects to produce $500$ chrome bumpers during the year. The bumpers are expected to use $1$ comma $000$parts$,$ require $5$setups$,$ and consume $1$ comma $200$ hours of finishing time.

pop$-$up content ends

pop$-$up content starts

Requirements

$1.$

Compute the predetermined overhead allocation rate for each activity.

$2.$

Job $86$ required the production of $170$ bumpers and required one setup. Compute the manufacturing overhead cost allocated to Job $86.$

pop$-$up content ends