requirement 3

(Click the icon to view the additional data.) are as follows: For the u B (Clic Data Table Read the requirements. Sing ADU. (Round the cost allocation pase lo tiee uecimals and cost per weer lo me nearest ceni.) Data Table Requiren Standard Deluxe Requirements Activity Cost Allocation Rate Allocation Base Parts per wheel 8.0 10.0 Setups per 1,000 wheels 20.0 20.0 Finishing direct labor hours per wheel 1.5 2.5 Total direct labor hours per wheel 2.7 3.8 The company's managers expect to produce 1,000 units of each model during the year. 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 the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Activity Materials handling Machine setup Insertion of parts Finishing Number of parts $ 5.50 per part Number of setups $ 325.00 per setup Number of parts $ 27.00 per part Finishing direct labor hours $ 52.00 per hour Materials Machine Insertion Print Done Finishing Print Done Print Done Total AB Requirement 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Begin by identifying the formula to compute the current plantwide manufacturing overhead rate, then compute the rate. (Round your answer to the nearest cent.) Plantwide overhead rate per DL hour Now use the plantwide overhead rate to determine the manufacturing overhead cost per wheel. (Round your answers to the nearest cent.) Manufacturing overhead Standard Deluxe Choose from any list or enter any number in the input fields and then continue to the next