% S4-6 (similar to Question Help $ Dickerson Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: E: (Click the icon to view activities, total costs, and cost drivers.) During May, Larry and Alisha Dickerson machined and assembled Job 112. Larry worked a total of 10 hours on the job, while Alisha worked 7 hours on the job. Larry is paid a $25 per hour wage rate, while Alisha is paid $29 per hour because of her additional experience level Direct materials requisitioned for Job 112 totaled $1,125. The following additional information was collected on Job 112: The job required 3 machine setups, 5 machine hours, and 3 quality control tests. 1. Compute the activity cost allocation rates for the year. 2. Complete the job cost record for Job 112. First determine the formula to compute the allocation rate for the activity-based cost rate, then calculate the rate for each activi x Data Table Total manufacturing overhead Est. total use of cost driver Activity cost allocation rate Machine setups $ 167,750 3,050 = $ 55 per setup Estimated Total Machining $ 1,089,000 4,950 = $ 220 per machine hour Manufacturing Estimated Total Quality control 344.000 4,300 = $ 80 per QC test Activity Overhead Costs Usage of Cost Driver 2. Complete the following job cost record for Job 112. Machine setup $ 167.750 3,050 setups Job Cost Record Manufacturing Machining 1,089,000 4,950 machine hours JOB 112 Costs Quality control 344,000 4,300 tests run / GA $ Direct material Direct labor... Print Done Manufacturing overhead ... Total job cost Enter any number in the edit fields and then click Check Answer. All parts showing Clear All Check