Several years afor reengineering its production process, King Corporation hired a new oontroller Christine Erickson The number of parts is now a feasible allocation base because King recantly installed a plantwide computer system. King produces two wheel models: Standard and Dekxe Budgeted data for the upcoming year are as follows EEEI (Click the loon to viow the addtional data.) (Cick the icon to viow additional information.) For the upooming year, King's budgeted ABC manufacturing overhead allocation ratos are as follows: (Click the loon to view the additional data.) Read the requirements. Requirement 1.Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places) King Corporation Total Budgeted Indiroct Manufacturing Costs Budgeted Quantity of Activity Ce Total Budgeted Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling Machine setups Insertion of parts Total budgeted indirect cost deoimals and cost per wheel to the nearest cant) Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allocation base to throe King Corporation ABC Indirect Manufacturing Cost per Unit from any list or enter any number in the input fields and then continue to the next question MacBook Pro 4 5 6 9 2 3